Tonka Bay, MN
Housing market overview · Updated weekly
$562,500median sale price
Homes sold
2
Last 12 weeks
Days on market
26
Average pace
Active listings
9
4.5 months supply
Sale-to-list
101.4%
Above asking
The Tonka Bay housing market is currently classified as a balanced market with a median sale price of $562,500. Prices have risen 4.7% compared to last year, with homes spending an average of 26 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Tonka Bay
There are currently 9 homes listed for sale in Tonka Bay, Minnesota. The median listing price is $1.6M.
Active listings
9
Homes on market
Median list price
$1.6M
Avg. days on market
26
Days until sale
New this week
7
Newly listed
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Frequently asked questions
What is the average home price in Tonka Bay?
The median home sale price in Tonka Bay is $562,500, up 4.7% from last year.
How long do homes stay on market in Tonka Bay?
Homes typically spend 26 days on market before going under contract.
Is Tonka Bay a buyer's or seller's market?
With 4.5 months of supply, Tonka Bay is currently a balanced market.
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