$2,395,000
4,116 SqFt
4 Beds
•1 Full Bath
Listing Office: Coldwell Banker Realty
October 2024
Report Updated 11 Days Ago
Is Tonka Bay, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Tonka Bay was a Seller's Market.
How much do homes in Tonka Bay, MN cost?
$1,526,037
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Tonka Bay was $1,526,037 in October 2024, up 7.6% from last year, and the median price per square foot was $383.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.1M | $545K | -53.0% |
3 Bedrooms | $1.6M | $640K | -62.2% |
4 Bedrooms | $837K | $2.1M | +159.8% |
5+ Bedrooms | $1.3M | $1.8M | +29.7% |
Summary: Tonka Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53%, 3 bedroom homes decreased by 62.2%, 4 bedroom homes increased by 159.8%, and 5+ bedroom homes increased by 29.7%.
Tonka Bay | $1.4M | $1.5M | +7.6% |
Shorewood | $775K | $657.5K | -15.2% |
How many homes are available in Tonka Bay, MN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Summary: The Tonka Bay real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tonka Bay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Tonka Bay in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Tonka Bay, MN?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
0 Days | 18 Days | +3500.0% |
Summary: Homes in Tonka Bay had an average of 18 days on market in Oct 2024, up by 3500% compared to last year.
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 1 homes were sold in Tonka Bay; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 11 Days Ago
Local real estate agents are ready to help you find a home here.
Connect With An AgentSell your home with an expert or get the job done on your own.
Sell My HomeGet a customizable mortgage solution based on today's rates.
Get ApprovedWhat homes are available in Tonka Bay, MN?
See More ListingsWhat housing markets are near Tonka Bay, MN?
MLS Disclaimers and Copyright
Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 11/01/2022 - 11/01/2024
Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/12/2024, 2:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Popular Cities with Homes for Sale in Minnesota
Homes For Sale in Albert Lea, MN
Homes For Sale in Alexandria, MN
Homes For Sale in Austin, MN
Homes For Sale in Blaine, MN
Homes For Sale in Bloomington, MN
Homes For Sale in Brainerd, MN
Homes For Sale in Buffalo, MN
Homes For Sale in Duluth, MN
Homes For Sale in Hastings, MN
Homes For Sale in Hutchinson, MN
Homes For Sale in Lakeville, MN
Homes For Sale in Maple Grove, MN
Homes For Sale in Minneapolis, MN
Homes For Sale in Moorhead, MN
Homes For Sale in Owatonna, MN
Homes For Sale in Plymouth, MN
Homes For Sale in Rochester, MN
Homes For Sale in Saint Cloud, MN
Homes For Sale in Saint Paul, MN
Homes For Sale in Winona, MN
Homes For Sale in Woodbury, MN