Tonka Bay Real Estate Market Sees Home Sales On the Rise

The number of home sales in the Tonka Bay market rose 100.0% to two homes over the last 30 days, exceeding the 1.9 monthly average for the last 12 months. Potential buyers should note that prices are coming down in Tonka Bay, and for this period the median sales price slid from $785,000 to $767,500. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Tonka Bay is still a definite buyer's market.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Tonka Bay:

$3M   $599K   $3M  

Get started right now by checking out Tonka Bay homes for sale or reviewing Tonka Bay real estate trends.

Demographic facts for Tonka Bay:

  • The median value of all homes is $472,500.
  • The area gets an average of 116 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 5.1%.
  • For every teacher there are 18.0 students in this area. (15.3 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Coldwell Banker Burnet
Snapped 3 homes in this area
Coldwell Banker Burnet
Snapped 2 homes in this area
Snapped 5 homes in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
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