The story of this market
The typical home in ZIP 55359 sells for about $489,416, or $215 per square foot.
Prices are down 3.2% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 55359 — Minnetrista
The housing market in 55359 remains stable with solid buyer demand for single-family homes, despite a slight year-over-year price adjustment. Low inventory levels continue to support pricing, though the pace of sales has moderated compared to previous years. The area remains a desirable destination for families, driven by strong school districts and high quality of life.
This ZIP is ideal for families and professionals seeking a high quality of life, lakefront access, and top-tier schools, while remaining within a manageable commuting distance to the Twin Cities.
Median prices moved down 3.2% year over year.
Homes spend a median of 42 days on market with 3.8 months of supply — a fast-moving market.
12% 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 0.9% · poverty 11.0% — 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 4.7%/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 4.1%/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 55359
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Minnetrista area remain low, consistent with the broader suburban profile of Carver County, which generally reports lower violent and property crime rates compared to the Minneapolis-St. Paul urban core.
The area is served by highly-rated public school districts, including Westonka and Minnetonka, which are recognized for strong academic performance and college readiness metrics.
The geography faces moderate risks related to severe summer storms and winter weather, with flood risks primarily concentrated near the Lake Minnetonka and Lake Sarah shorelines.
Economic momentum is driven by proximity to the western Twin Cities employment corridor, with ongoing residential development and infrastructure improvements supporting a growing suburban population.
Property taxes are assessed at the county level by Carver County, with rates determined by local school district levies and municipal assessments; no state-level property tax exists.
Residents primarily commute by car toward the Minneapolis-St. Paul employment core, with typical drive times ranging from 35 to 50 minutes depending on traffic conditions.
The area features extensive access to Lake Minnetonka and Lake Sarah for boating and fishing, alongside numerous regional parks, golf courses, and local shopping centers in nearby Mound and Excelsior.
The rental market is characterized by low vacancy rates and high demand for single-family home rentals, with limited multi-family inventory available.
The local economy is supported by a mix of professional services, healthcare, and retail, with many residents employed in the broader Minneapolis-St. Paul metropolitan area.
Transportation is heavily reliant on private vehicles, with major access provided by Highway 7 and County Road 15 connecting to the metro area.
Development is focused on managed residential growth and infrastructure upgrades to support suburban expansion while preserving natural resources.
Carver County Assessor manages property valuations, utilizing a market-based assessment approach with annual reviews.
Parcels are subject to school district levies, county taxes, and local municipal assessments for utilities and infrastructure.
Property insurance premiums are stable but reflect regional risks associated with severe weather and wind damage common in Minnesota.
Minnesota continues to see modest net domestic migration, with suburban areas like Carver County attracting families from the urban core.
Minnesota is a judicial foreclosure state, requiring court oversight for the foreclosure process, which typically includes a statutory redemption period.
Minnesota law requires sellers to provide a written disclosure statement regarding the condition of the property, including known material defects.
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.
- Valleyfair4.219.4 mi
- Slick City Action Park4.516.6 mi
- Dave & Buster's Maple Grove4.116.2 mi
- St. Louis Park Rec Center4.519.4 mi
- Urban Air Trampoline and Adventure Park3.911.7 mi
- Canterbury Park4.518.6 mi
- Chanhassen Dinner Theatres4.713.3 mi
- Minnesota Renaissance Festival4.518.8 mi
- Paisley Park4.812.4 mi
- Eden Prairie Community Center4.614.6 mi
- University of Minnesota Landscape Arboretum4.810.8 mi
- Paisley Park4.812.4 mi
- Plymouth Grand 15 & IMAX4.512.3 mi
- Urban Air Trampoline and Adventure Park3.911.7 mi
- Medina Entertainment Center4.410.2 mi
- University of Minnesota Landscape Arboretum4.810.8 mi
- Paisley Park4.812.4 mi
- Big Stone Mini Golf4.85 mi
- Hopkins Center For the Arts4.716.2 mi
- Parley Lake Winery4.58.5 mi
- University of Minnesota Landscape Arboretum4.810.8 mi
- Baker Park Reserve4.74.8 mi
- Lake Rebecca Park Reserve4.75.4 mi
- Lowry Nature Center in Carver Park Reserve4.98.1 mi
- Lake Minnewashta Regional Park4.710.3 mi
- Wayzata Yacht Club4.811.4 mi
- Howard's Point Marina4.67.9 mi
- MarineMax3.816 mi
- Metro Lakes Marina & Rentals LLC.4.55.7 mi
- Wayzata Bay Charter Cruises on Lake Minnetonka4.710.2 mi
- Rush Creek Golf Club4.612.7 mi
- Baker National Golf Course4.46.5 mi
- Chaska Town Course4.612.4 mi
- Shamrock Golf Course4.111.4 mi
- Lafayette Club4.67.6 mi
- Hy-Vee Grocery Store4.412 mi
- Hy-Vee Grocery Store4.211.7 mi
- The Grocer's Table4.410.9 mi
- Fresh Thyme Market4.412.3 mi
- Kowalski's Markets4.610.2 mi
- Minneapolis-Saint Paul International Airport4.426.4 mi
- Shoyu3.726.5 mi
- Mimosa326.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional lake offering boating, fishing, and recreational activities.
Popular local lake for fishing and residential recreation.
Large regional park with trails, wildlife, and nature centers.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.