Multi-family homes for sale in Minnetonka, MN

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Minnetonka, MN Real Estate Market Overview

There are no multi-family homes for sale in Minnetonka, MN. The following market insights reflect all property types in the Minnetonka, MN real estate market. Between April 2025 and May 2025, Minnetonka, MN real estate market has seen an increase in the number of listings by 22.4%. In May 2025 median list price was $508,666 and the average listing age was 35 days. In May 2025, from all listings sold in Minnetonka, MN there were more than 30 sold above asking price, over 30 sold below and more than 15 were sold right at the asked price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Minnetonka, MN

Minnetonka is located in Hennepin County, Minnesota. There are roughly 50,866 residents, living in 22,369 households. The average temperature for Minnetonka this time of the year is low of 57F and high of 79F. On average, Minnetonka gets about 4.29 inches of precipitation in June. Most residents are home owners (71%), have a post secondary degree (69%) and are single, no kids (43%).

Data provided by Home Junction

Schools near Minnetonka, MN

Elementary Schools

  • Gatewood Elementary

    14900 Gatewood Dr

    Public District KG-6

  • International Spanish Language Academy

    5959 Shady Oak Rd S

    Public Charter KG-6

  • Glen Lake Elementary

    4801 Woodridge Rd

    Public District KG-6

Middle Schools

  • Minnetonka Middle School East

    17000 Lake Street Ext

    Public District 6-8

  • West Middle School

    149 Barry Ave N

    Public District 6-8

High Schools

  • Hopkins High School

    2400 Lindbergh Dr

    Public District 10-12

  • Hopkins West Junior High

    3830 Baker Rd

    Public District 7-9

  • Ubah Medical Academy Charter School

    1600 Mainstreet

    Public Charter 9-12

Data provided by Great Schools

Housing market reports in Hennepin County

Homes for sale near Minnetonka, MN

Top real estate cities in Minnesota

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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