The story of this market
The typical home in ZIP 55375 sells for about $395,600, or $215 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,226 a month.
ZIP 55375 — Minnetrista
The housing market in 55375 remains stable with low inventory and steady demand from family buyers. Prices have seen modest year-over-year growth, supported by the area's high quality of life and proximity to the Twin Cities. Buyers are active, though the market is tempered by limited supply and higher interest rates.
This ZIP is ideal for families and professionals seeking a quiet, lake-oriented lifestyle with high-quality schools, provided they are comfortable with a longer commute to the urban core.
Median prices moved up 3.2% year over year.
Homes spend a median of 48 days on market with 3.1 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 1.8% · poverty 3.6% — 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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55375, 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.
Crime rates in the Minnetrista area are consistently reported as significantly lower than both the Minnesota state average and the national average, reflecting a quiet, suburban environment.
Schools serving the area are generally highly rated, with the Westonka and Minnetonka school districts providing strong academic performance and extensive extracurricular opportunities.
The area faces moderate risks related to severe weather, including summer thunderstorms and winter snowstorms, with standard flood insurance recommended for properties near Lake Minnetonka.
Economic momentum is driven by proximity to the Twin Cities employment core and local residential development, though the area remains primarily low-density and conservation-focused.
Property taxes are assessed by Hennepin County based on market value, with rates influenced by local school district levies and municipal service requirements.
Commuters typically face a 35-45 minute drive to downtown Minneapolis via Highway 7 or Highway 12, with limited public transit options available.
The area offers extensive access to Lake Minnetonka for boating and fishing, numerous regional parks, and proximity to local golf courses and boutique shopping in nearby Excelsior.
The rental market is characterized by low inventory and high demand for single-family home rentals, with limited multi-family options available in this low-density ZIP.
The local economy is supported by a mix of small businesses and proximity to the broader Twin Cities corporate headquarters, including major employers in healthcare and retail.
Transportation is heavily reliant on private vehicles, with Highway 7 serving as the primary arterial route connecting the area to the Minneapolis-St. Paul metro.
Development is strictly managed by local zoning to preserve the rural-suburban character, with limited new large-scale commercial projects approved.
Hennepin County Assessor manages property valuations, utilizing annual market analysis to determine taxable values for residential parcels.
Parcels are subject to school district levies, county taxes, and local municipal taxes, with some areas served by specific watershed districts.
Property insurance premiums are stable but reflect regional exposure to severe weather events, including wind and hail damage common in Minnesota.
Data retrieved from US Census Bureau 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.
- Valleyfair4.215.3 mi
- Dave & Buster's Edina4.219.8 mi
- St. Louis Park Rec Center4.519.1 mi
- Dave & Buster's Maple Grove4.119.9 mi
- Urban Air Trampoline and Adventure Park3.914.3 mi
- Canterbury Park4.514.1 mi
- Chanhassen Dinner Theatres4.79.8 mi
- Minnesota Renaissance Festival4.512.6 mi
- Paisley Park4.88.6 mi
- Eden Prairie Community Center4.611.8 mi
- University of Minnesota Landscape Arboretum4.86 mi
- Paisley Park4.88.6 mi
- Schram Vineyards Winery, Brewery & Restaurant4.63.8 mi
- Baker Park Reserve4.79.5 mi
- Shakopee Bowl4.412 mi
- University of Minnesota Landscape Arboretum4.86 mi
- Paisley Park4.88.6 mi
- Big Stone Mini Golf4.82.3 mi
- Hopkins Center For the Arts4.715.5 mi
- Parley Lake Winery4.51.8 mi
- University of Minnesota Landscape Arboretum4.86 mi
- Baker Park Reserve4.79.5 mi
- Miller Park4.612.1 mi
- Lake Rebecca Park Reserve4.712.2 mi
- Lowry Nature Center in Carver Park Reserve4.92.4 mi
- Wayzata Yacht Club4.812.1 mi
- Howard's Point Marina4.64.9 mi
- Metro Lakes Marina & Rentals LLC.4.54.9 mi
- Wayzata Bay Charter Cruises on Lake Minnetonka4.78 mi
- Knotty Oar Marina4.718.9 mi
- Baker National Golf Course4.411 mi
- Hazeltine National Golf Club4.78 mi
- Chaska Town Course4.66.6 mi
- Bearpath Golf & Country Club4.611.5 mi
- Bluff Creek Golf Course3.910.3 mi
- Hy-Vee Grocery Store4.412.4 mi
- Fleet Farm4.39 mi
- The Grocer's Table4.411.7 mi
- Kowalski's Markets4.512.1 mi
- Lakewinds Food Co-op4.710 mi
- Minneapolis-Saint Paul International Airport4.425.2 mi
- Shoyu3.725.3 mi
- Mimosa325.3 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 providing boating, fishing, and recreational access.
Large regional park with extensive hiking, biking, and nature trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.