Tonka Bay Real Estate Market

Tonka Bay Market

The median sale price for homes in Tonka Bay over the last 12 months is $442,219.


The median mortgage debt is $184,690.

Additional Statistics for Single Family Homes and Condos in Tonka Bay, MN
$784,000
Median Listing Price
48
Median Days on Market
18
Active Listings
11.1%
Distressed Listings
(foreclosures and short sales)
Tonka Bay, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Tonka Bay is $849,000. The list prices increased by 114.69% from the previous month.

The price per square foot for listings in this area is $371.

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Tonka Bay, MN Market Inventory Trends

The number of active listings in Tonka Bay increased by 50% from the previous month.

The median number of days active properties have been listed is 38. This is significantly shorter than the national average.

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Tonka Bay, MN Property Ownership

The percent of owner occupied properties in Tonka Bay is 17.27% above the national average.

The percent of rental properties in Tonka Bay is 10.3% below the national average.

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