Current Price

$1,040,159

1 Month Forecast

â–² $1,045,124

1-Year Forecast *

â–² $1,101,333

5-Year Forecast *

â–² $1,253,949

"Is it a good time to buy homes in Tonka Bay?" "Does investing in real estate in Tonka Bay (Minnesota State, Hennepin County) worth it?" According to our live Forecast System, buying a house in Tonka Bay is a acceptable short-term (1-year) investment*. The Tonka Bay average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Tonka Bay" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Tonka Bay in Minnesota State, Hennepin County. If you are looking for homes for sale with good flipping profit, Tonka Bay can be a profitable property investment option. The median price of an average house in Tonka Bay was 1,040,159 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Tonka Bay" area is 1,253,949 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +20.55% meaning that investing 100000 USD today may yield a profit of 20,554 USD by 2031.

Current Median Listing Price: 1,040,159 USD Median Listing Price Per Square Foot: 578 USD

Tonka Bay Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Tonka Bay (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Tonka Bay Price Target

Tonka Bay median home price target in 12 months: $1,101,333* (upside of 5.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $991,070 $1,040,159 $984,473 $1,040,159
2023 $978,786 $995,354 $978,786 $996,789
2022 $915,877 $978,835 $915,877 $996,759
2021 $781,376 $905,875 $781,376 $905,875
2020 $696,135 $770,560 $696,135 $770,560
2019 $688,414 $693,120 $683,010 $695,291
2018 $646,544 $686,445 $646,544 $686,445
2017 $608,443 $642,133 $608,443 $642,133
2016 $592,423 $605,858 $592,423 $605,858
2015 $566,542 $589,621 $566,542 $589,621
2014 $560,663 $565,825 $560,663 $571,256
2013 $515,732 $556,228 $515,732 $556,228
2012 $477,201 $511,136 $477,201 $511,136

Questions & Answers about the Tonka Bay Housing Market Forecast

How much does an average home cost in Tonka Bay today?

The value of an average home (the listing price) in Tonka Bay is $1,040,159 USD.

What is the average price per square foot in Tonka Bay?

According to Walletinvestor the median price per square foot in Tonka Bay is 578 USD.

Will the median listing price of homes in Tonka Bay grow / rise / go up?

Yes. The Tonka Bay home prices may rise from 1,040,159 USD to 1,101,333 USD in one year.

Is it profitable to invest in Tonka Bay homes?

Yes. The long-term profit potential is +5.88% in one year.

Will Tonka Bay house prices fall / drop?

No. See above.

What is the predicted price of a Tonka Bay home in 2030?

The predicted home sales price of a Tonka Bay home in 2030 in Tonka Bay is 1,184,298 USD.

What is the predicted price of a Tonka Bay home in 2035?

The predicted home sales price of a Tonka Bay home in 2035 in Tonka Bay is 1,407,729 USD.

Will real estate prices decrease in Tonka Bay?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Tonka Bay is the 22750. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Hennepin, Tonka Bay remained stable, looking at the past 12 months.

According to Walletinvestor's Tonka Bay real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 1,040,159 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 4.011% in 2021
  • 4.021% in 2022
  • 6.321% in 2023
  • 4.311% in 2024
  • 6.911% in 2025
  • 4.871% in 2026

Based on our Tonka Bay real estate market research and report the predicted sales prices will increase by 77.089% in the next 10 years.

Tonka Bay (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Tonka Bay Housing Market Forecast with Real Estate Prices for 2025
January 2025 1045124 986597 1103651
February 2025 1050113 977656 1122571
March 2025 1055126 989709 1120544
April 2025 1060163 995493 1124833
May 2025 1065224 994919 1135529
June 2025 1070309 977192 1163426
July 2025 1075419 988310 1162527
August 2025 1080552 1020041 1141063
September 2025 1085711 1006454 1164967
October 2025 1090893 1003622 1178165
November 2025 1096101 1029239 1162963
December 2025 1101333 1038557 1164109
Tonka Bay Housing Market Forecast with Real Estate Prices for 2026
January 2026 1106591 1008104 1205077
February 2026 1111873 1005134 1218613
March 2026 1117181 1012166 1222196
April 2026 1122514 1066389 1178640
May 2026 1120130 1032760 1207500
June 2026 1117394 1051468 1183320
July 2026 1114665 1051129 1178201
August 2026 1114078 1011583 1216573
September 2026 1113047 1005081 1221012
October 2026 1112991 1030630 1195353
November 2026 1114344 1031883 1196806
December 2026 1114686 1042231 1187140
Tonka Bay Housing Market Forecast with Real Estate Prices for 2027
January 2027 1115079 1022528 1207631
February 2027 1117646 1009234 1226057
March 2027 1122981 1025282 1220680
April 2027 1128342 1050486 1206197
May 2027 1128381 1043753 1213010
June 2027 1125626 1041204 1210048
July 2027 1124598 1043627 1205569
August 2027 1126329 1023833 1228825
September 2027 1126918 1036764 1217071
October 2027 1124166 1057840 1190491
November 2027 1121420 1045163 1197677
December 2027 1119749 1048085 1191413
Tonka Bay Housing Market Forecast with Real Estate Prices for 2028
January 2028 1125094 1056463 1193725
February 2028 1130465 1032114 1228815
March 2028 1135861 1040449 1231274
April 2028 1140026 1046544 1233508
May 2028 1145468 1049249 1241688
June 2028 1150936 1056560 1245313
July 2028 1156431 1054665 1258196
August 2028 1161951 1046918 1276984
September 2028 1167498 1076433 1258563
October 2028 1173071 1075706 1270436
November 2028 1178671 1115023 1242319
December 2028 1184298 1071789 1296806
Tonka Bay Housing Market Forecast with Real Estate Prices for 2029
January 2029 1189951 1124504 1255398
February 2029 1195632 1084438 1306825
March 2029 1201339 1132863 1269815
April 2029 1207074 1089988 1324160
May 2029 1212836 1135215 1290458
June 2029 1218626 1108950 1328302
July 2029 1224443 1127712 1321174
August 2029 1230288 1158932 1301645
September 2029 1236161 1134796 1337527
October 2029 1242062 1166297 1317828
November 2029 1247992 1168120 1327863
December 2029 1253949 1137332 1370566
Tonka Bay Housing Market Forecast with Real Estate Prices for 2030
January 2030 1259935 1175519 1344351
February 2030 1257259 1188109 1326408
March 2030 1254188 1128769 1379607
April 2030 1251125 1163546 1338704
May 2030 1250466 1125420 1375513
June 2030 1249308 1141868 1356749
July 2030 1249246 1160550 1337943
August 2030 1250765 1176970 1324560
September 2030 1251148 1154810 1347487
October 2030 1251590 1148960 1354221
November 2030 1254471 1159131 1349810
December 2030 1260459 1153320 1367598
Tonka Bay Housing Market Forecast with Real Estate Prices for 2031
January 2031 1266476 1147427 1385525
February 2031 1266521 1198129 1334913
March 2031 1263428 1191412 1335443
April 2031 1262274 1176439 1348109
May 2031 1264217 1194685 1333749
June 2031 1264878 1197839 1331916
July 2031 1261789 1138133 1385444
August 2031 1258707 1150458 1366956
September 2031 1256831 1187705 1325957
October 2031 1262831 1185798 1339863
November 2031 1268859 1193996 1343722
December 2031 1274916 1156349 1393483

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.