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Tonka Bay, Minnesota — Seller's Guide

Thinking About Selling Your Tonka Bay Home?

AI-powered market data, neighborhood insights, and a free home valuation from a local expert in Hennepin County.

Live Market Data

Tonka Bay Market at a Glance

Median Sale Price

$720,000

+2.9% vs last year

Avg Days on Market

20

From listing to accepted offer

Price per Sq Ft

$290

Based on recent sales

Compete Score

71/100

Buyer demand in this market

Market Timing

Buyer's MarketBalancedSeller's Market
Seller's Market

Days on Market

20

YoY Change

+2.9%

Compete Score

71/100

Tonka Bay's market currently favors sellers. Homes are spending just 20 days on market, and year-over-year prices are up +2.9%. This is a strong window to list.

Best months to list in Tonka Bay:

April through June typically sees the highest sale prices and fastest closings. Listing in late winter (February-March) gives you a head start before peak competition.

Selling Cost Estimator

$720,000
$200K$2M
Agent Commission (5-6%)$36,000$43,200
MN Deed Tax (0.33%)$2,376
Title Insurance~$3,000
Closing Costs (~1.5%)$10,800
Total Estimated Costs$52,176$59,376
Estimated Net Proceeds$660,624$667,824

* These are estimates based on typical Tonka Bay transactions. Actual costs vary.

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AI Market Analysis

Tonka Bay Real Estate Market

The Tonka Bay housing market continues to show strong fundamentals. With a median sale price of $720,000 and homes spending an average of just 20 days on market, sellers in Tonka Bay are in a favorable position.

Year-over-year prices have moved +2.9%, reflecting sustained buyer demand in the Hennepin County market. The compete score of 71/100 indicates that buyers are actively competing for homes in this area, putting sellers in a strong negotiating position.

If you're considering selling your Tonka Bay home, our AI can analyze comparable sales in your specific neighborhood to show you exactly where your property stands in today's market.

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Seasonal Intelligence

When to Sell in Tonka Bay

Our AI tracks seasonal patterns to help you time your sale for maximum value:

SeasonAvg DaysSale vs ListBest For
Spring (Mar–May)12 days101%Maximum price
Summer (Jun–Aug)15 days100%Family buyers
Fall (Sep–Nov)22 days98%Motivated buyers
Winter (Dec–Feb)28 days97%Serious buyers only

Schools in Tonka Bay

Tonka Bay is served by Minnetonka Public Schools (ISD 276), rated 9/10 overall. Strong school ratings are one of the top factors that attract buyers to this area, which directly supports your home's value.

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