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Today: September 23, 2025

Current Price

$1,040,159

1 Month Forecast

$1,045,584

1-Year Forecast *

$1,107,154

5-Year Forecast *

$1,276,587

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Tonka Bay" area is 1,276,587 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +22.73% meaning that investing 100000 USD today may yield a profit of 22,730 USD by 2030.

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: 2025-2031

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: $1,107,154* (upside of 6.4%)

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 $471,865 $511,136 $471,865 $511,136
2011 $493,180 $473,828 $473,828 $493,180

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 1,107,154 USD in one year.

Is it profitable to invest in Tonka Bay homes?

Yes. The long-term profit potential is +6.44% 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 1,276,587 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 1,566,755 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 increased, 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 increased by 2.000% to 1,040,159 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 5.761% in 2020
  • 7.781% in 2021
  • 4.841% in 2022
  • 6.531% in 2023
  • 8.391% in 2024
  • 5.311% in 2025

Based on our Tonka Bay real estate market research and report the predicted sales prices will increase by 86.673% in the next 10 years.

Over the last 12 months, the value of homes in Tonka Bay fluctuated: increasing 3 times .

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

Below you will find the price predictions for 2025, 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 1045584 977621 1113546
February 2025 1051036 956443 1145630
March 2025 1056518 975166 1137870
April 2025 1062028 1003616 1120439
May 2025 1067566 999242 1135890
June 2025 1073134 999087 1147180
July 2025 1078730 975172 1182288
August 2025 1084356 988933 1179779
September 2025 1090011 1028970 1151052
October 2025 1095695 993796 1197595
November 2025 1101410 1011094 1191725
December 2025 1107154 1034081 1180226
Tonka Bay Housing Market Forecast with Real Estate Prices for 2026
January 2026 1112928 1008312 1217543
February 2026 1118732 1011333 1226130
March 2026 1124566 1044722 1204410
April 2026 1130431 1034344 1226517
May 2026 1136326 1061329 1211324
June 2026 1142252 1070290 1214214
July 2026 1148209 1052908 1243510
August 2026 1154197 1048011 1260383
September 2026 1160216 1077841 1242592
October 2026 1166267 1100956 1231578
November 2026 1163790 1100945 1226634
December 2026 1160996 1064634 1257359
Tonka Bay Housing Market Forecast with Real Estate Prices for 2027
January 2027 1158210 1049338 1267081
February 2027 1157600 1055731 1259469
March 2027 1156528 1075571 1237485
April 2027 1156471 1052388 1260553
May 2027 1157876 1072193 1243559
June 2027 1158231 1060940 1255523
July 2027 1158640 1050887 1266394
August 2027 1161307 1064918 1257695
September 2027 1167363 1091485 1243242
October 2027 1173451 1065494 1281409
November 2027 1173492 1070225 1276760
December 2027 1170676 1053608 1287743
Tonka Bay Housing Market Forecast with Real Estate Prices for 2028
January 2028 1169607 1067851 1271363
February 2028 1171407 1091752 1251063
March 2028 1172020 1108731 1235309
April 2028 1169207 1062809 1275604
May 2028 1166400 1075421 1257380
June 2028 1164662 1063336 1265987
July 2028 1170498 1083881 1257115
August 2028 1176602 1081298 1271907
September 2028 1182739 1075109 1290368
October 2028 1187075 1101606 1272545
November 2028 1193266 1112124 1274408
December 2028 1199489 1090335 1308642
Tonka Bay Housing Market Forecast with Real Estate Prices for 2029
January 2029 1205744 1088787 1322702
February 2029 1212032 1132038 1292027
March 2029 1218202 1097600 1338804
April 2029 1224555 1163327 1285783
May 2029 1230941 1160778 1301105
June 2029 1237361 1156932 1317789
July 2029 1243814 1131871 1355757
August 2029 1250300 1175282 1325318
September 2029 1256821 1160046 1353596
October 2029 1263375 1198943 1327808
November 2029 1269964 1202656 1337272
December 2029 1276587 1208928 1344246
Tonka Bay Housing Market Forecast with Real Estate Prices for 2030
January 2030 1283245 1219082 1347407
February 2030 1289937 1191902 1387972
March 2030 1296664 1172184 1421144
April 2030 1303426 1184815 1422038
May 2030 1310224 1197545 1422903
June 2030 1317057 1241985 1392129
July 2030 1323925 1207420 1440431
August 2030 1330830 1203070 1458590
September 2030 1337770 1220047 1455494
October 2030 1344747 1238512 1450982
November 2030 1351760 1282820 1420700
December 2030 1358810 1241952 1475667
Tonka Bay Housing Market Forecast with Real Estate Prices for 2031
January 2031 1365896 1285308 1446484
February 2031 1362994 1252592 1473397
March 2031 1359723 1230549 1488897
April 2031 1356459 1242517 1470402
May 2031 1355745 1237795 1473695
June 2031 1354490 1285411 1423569
July 2031 1354423 1239297 1469548
August 2031 1356069 1251651 1460486
September 2031 1356484 1220836 1492133
October 2031 1356964 1242979 1470949
November 2031 1360087 1236319 1483855
December 2031 1367180 1293352 1441007
Tonka Bay Housing Market Forecast with Real Estate Prices for 2032
January 2032 1374310 1257493 1491126
February 2032 1374358 1245168 1503548
March 2032 1371059 1235324 1506794
April 2032 1369808 1295838 1443777
May 2032 1371916 1237468 1506364
June 2032 1372633 1291648 1453619
July 2032 1369339 1237882 1500795
August 2032 1366052 1286821 1445283
September 2032 1364016 1233070 1494962
October 2032 1370851 1262554 1479148
November 2032 1378000 1289808 1466192
December 2032 1385187 1292379 1477994

> 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.