A home in Minnetonka is worth 27% more than the middle of Manitoba’s towns
In figures: $380,000 for the median home in 2021, $300,000 for the middle of Manitoba’s towns. The median sale in 2023 was $374,000, across 14,740 buyers. Minnetonka doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Winnipeg.
Three ways to price a home in Minnetonka
Every figure here is compared within the province, against Manitoba’s towns, since each province assesses on its own terms. Those values come from owners at the 2021 census and predate the prices of the years since.
median, owners’ estimate
- Average
- $436K
- Owners
- 1,460
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $400K
- ÷ buyers’ income
- 3×
- Buyers
- 14,740
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Winnipeg’s houses sit 51% above Manitoba’s towns
In 2024, Winnipeg had 222,340 residential properties on the roll, detached houses 79% of them and condos 12%.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
A town of houses: 94% of the homes in Minnetonka stand alone (Manitoba’s towns: 72%)
The 2021 census counted 1,615 occupied homes in Minnetonka. Half or more were standing by 1980. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Minnetonka | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 5% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 2% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building at the pace of Manitoba’s towns: 16.9 new homes a year per 1,000 in Winnipeg, against 13.7
Winnipeg issued permits for 29,417 new homes from 2018 to 2023, or about 4,903 a year. Single-unit buildings took 23%, the rest buildings of two or more, against 67% for Manitoba’s towns.
The busiest year: 2021, with 6,147 new homes
New homes a year per 1,000 homes
Up 34%: 7,667 new homes in the year to August 2026
The monthly permits numbers here cover the Winnipeg metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Minnetonka is 27% above the $300,000 median of Manitoba’s towns
188 of Manitoba’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Minnetonka: Pulberry, Pembina Strip and Meadowood
The places around Minnetonka at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Minnetonka | $380K | $436K | 89% | |
| Pulberry | $360K | $406K | 76% | 1.3 |
| Pembina Strip | $200K | $219K | 15% | 1.8 |
| Meadowood | $328K | $330K | 71% | 2.1 |
| Worthington | $300K | $304K | 34% | 2.2 |
| Montcalm | $400K | $396K | 8% | 2.4 |
| Normand Park | $352K | $426K | 52% | 2.4 |
Census 2021 values; km.
Questions about property prices in Minnetonka
How many households in Minnetonka are in core housing need?
Fewer than most: 2% of households in Minnetonka, where Manitoba’s towns sit at 7%.
Is Minnetonka expensive for Manitoba?
Above the norm for Manitoba’s towns, whose median home is worth $300,000; Minnetonka’s is worth more.
Can I see individual sales or prices by street?
Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).