The median home in Tonka Bay, Minnesota is valued at $1,059,022, up 5.3% year over year. Tonka Bay is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$1,059,022

+5.3%

Prices rising — worse for buyers.

Affordability

Enter your income for Tonka Bay.

Income (annual)

Down Payment

$211,804 on $1,059,022

Example: $75,000 household income. Change it above to see your own.

Out of reach103.9% of income

Need $278,271/yr to afford.

PITI$6,493

P/I103.9%

Afford$285K

Gap-$774K

P&I $5,355Tax $988Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Tonka Bay with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Deephaven$1.02M North Oaks$915K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Tonka Bay, MN