The story of this market
The typical home in ZIP 55343 sells for about $340,000, or $210 per square foot.
Prices are roughly flat from a year ago (+0.3%), a market in balance. Homes take about 97 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,568 a month.
ZIP 55343 — Minnetonka
The 55343 housing market remains competitive with low inventory levels driving steady price appreciation. Buyer activity is showing resilience despite broader economic headwinds, supported by the area's strong employment base and desirable suburban location.
This ZIP is well-suited for families and professionals who value proximity to major western-suburb employment centers while maintaining access to suburban amenities and quality schools.
Median prices moved up 0.3% year over year.
Homes spend a median of 97 days on market with 4.2 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 11.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55343, Hennepin County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-rated public school districts including Hopkins and Minnetonka, which are generally well-regarded in the Twin Cities region.
The area benefits from proximity to major corporate headquarters in the Minnetonka and Eden Prairie corridor, driving consistent demand for housing and infrastructure.
Property taxes are assessed at the county level in Hennepin County, with rates determined by local school district and municipal levies.
Residents have convenient access to major employment hubs in Minneapolis and the western suburbs via I-394 and I-494.
The ZIP features numerous parks, local trail systems, and proximity to regional lakes, with significant shopping and dining options available in nearby Minnetonka and Hopkins.
The rental market is stable with moderate vacancy pressure, supported by a mix of long-term residents and professionals working in the nearby corporate corridors.
The local economy is anchored by major corporate headquarters in the Minnetonka and Eden Prairie area, with a strong mix of retail, healthcare, and professional services.
The area is served by a robust network of highways including I-494 and I-394, providing efficient access to the broader Twin Cities metro area.
Ongoing mixed-use redevelopment projects are focused on densifying the commercial corridors near the Minnetonka border.
Hennepin County Assessor manages property valuations with annual adjustments based on market sales data.
Parcels are subject to Hennepin County, municipal, and school district levies, with some areas potentially within specific watershed districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk common in the Upper Midwest.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mall of America®4.69.7 mi
- Valleyfair4.27.3 mi
- Great Wolf Lodge | Minnesota3.99.2 mi
- Nickelodeon Universe4.59.7 mi
- Slick City Action Park4.513.2 mi
- U.S. Bank Stadium4.69.8 mi
- Grand Casino Arena4.616.3 mi
- Minneapolis Convention Center4.59 mi
- Minnesota State Fair4.713.7 mi
- Topgolf Brooklyn Center4.313.6 mi
- Mall of America®4.69.7 mi
- U.S. Bank Stadium4.69.8 mi
- Valleyfair4.27.3 mi
- Minneapolis Institute of Art4.88.6 mi
- Great Wolf Lodge | Minnesota3.99.2 mi
- Minneapolis Institute of Art4.88.6 mi
- Science Museum of Minnesota4.616.4 mi
- University of Minnesota Landscape Arboretum4.89.5 mi
- Union Depot4.517.1 mi
- Walker Art Center4.58.3 mi
- University of Minnesota Landscape Arboretum4.89.5 mi
- Minneapolis Sculpture Garden4.78.3 mi
- Centennial Lakes Park4.75.6 mi
- Lake Harriet Regional Park4.86.2 mi
- Clifton E. French Regional Park4.78.2 mi
- Wayzata Yacht Club4.85.6 mi
- Wayzata Bay Charter Cruises on Lake Minnetonka4.76.6 mi
- Your Boat Club Lake Minnetonka Brown's Bay4.87.5 mi
- PropMD4.97.2 mi
- River Valley Marine of Lake Minnetonka4.37.5 mi
- The Minikahda Club4.46 mi
- Braemar Golf Course4.43.3 mi
- Puttery4.79.6 mi
- Brookview Golf Course and Lawn Bowling4.25.5 mi
- Baker National Golf Course4.412.4 mi
- Mall of America®4.69.7 mi
- Twin Cities Premium Outlets4.512.1 mi
- Ridgedale Center4.44.6 mi
- Karmel Mall4.17.9 mi
- Asia Mall4.32.7 mi
- Minneapolis-Saint Paul International Airport4.410.6 mi
- Shoyu3.710.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular local destination for swimming and recreation.
Extensive paved trail system for cycling and walking.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.