Dave Ramsey Endorsed Local Provider for 15+ years

Keller Williams Preferred Realty(612) 843-9620Join HHG

Compare cities · September 2026

Chaska vs. Tonka Bay

Homes in Tonka Bay sold for a median $1,085,000 over the 12 months through September 2026, 128% more than in Chaska ($474,975). Homes sold faster in Tonka Bay: 41 days on market on average, against 52 in Chaska. Chaska's homes are newer, with a median year built of 1996 against 1982. Tonka Bay is closer to downtown Minneapolis: about 33 minutes by car, against 36. The two are about 7 miles apart, roughly a 21-minute drive.

Carver County

Chaska

$474,975median sale price

Hennepin County

Tonka Bay

$1,085,000median sale price

Housing market, 12 months through September 2026

MeasureChaskaTonka Bay
Median sale price$474,975$1,085,000
Change from a year earlier+1.8%−14.1%
Homes sold40219
Days on market5241
Share of original list price98.6%96.1%
Price per square foot$210$495
New listings58739
Homes for sale (September 2026)11510
Months of supply (September 2026)3.54.8

Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

The homes

MeasureChaskaTonka Bay
Median home value (owner estimate)$404,700$917,100
Median year built19961982
Single-family homesShare of all housing units, detached houses74%94%
Owner-occupied homes68%81%
Median rent$1,553$2,320

Source: US Census Bureau, American Community Survey 2020–2024.

The place

MeasureChaskaTonka Bay
Population (2024)30,1671,540
Land area17.1 sq mi0.9 sq mi
Drive to Downtown Minneapolis36 min33 min
Drive to Downtown Saint Paul44 min46 min
Drive to MSP Airport32 min38 min
Drive to Mall of America29 min34 min
Drive to University of Minnesota39 min37 min
Average commute to work23 min25.7 min
Lakes of 10+ acresMinnesota DNR lake outlines touching the city71

Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).

Chaska

School districts: Eastern Carver County Public Schools

Largest lakes: Hazeltine Lake (172 acres), Lake Bavaria (166 acres), Chaska Lake (52 acres), McKnight Lake (19 acres), Jonathan Lake (18 acres)

Tonka Bay

School districts: Minnetonka Public School District

Largest lakes: Lake Minnetonka (14,206 acres)

How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.

Quick answers

Chaska or Tonka Bay?

Is Chaska or Tonka Bay more expensive?

Tonka Bay. The median sale price was $1,085,000 there and $474,975 in Chaska over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.

Where do homes sell faster, Chaska or Tonka Bay?

Tonka Bay: 41 days on market on average against 52, over the 12 months through September 2026.

Which is closer to downtown Minneapolis?

Tonka Bay, about 33 minutes by car in light traffic (36 from Chaska). To downtown Saint Paul: 44 minutes from Chaska, 46 from Tonka Bay.

How far apart are Chaska and Tonka Bay?

About 7 miles in a straight line between their centers, or roughly 21 minutes by car.

Which has more lakes, Chaska or Tonka Bay?

Chaska has more: 7 lakes of 10+ acres touch Chaska (largest: Hazeltine Lake) and 1 touch Tonka Bay (largest: Lake Minnetonka), by Minnesota DNR lake outlines.

Which school districts serve Chaska and Tonka Bay?

Chaska: Eastern Carver County Public Schools. Tonka Bay: Minnetonka Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.

Should I buy in Chaska or Tonka Bay?

It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.

Deciding between them?

See homes in Chaska and Tonka Bay.

A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.

(612) 843-9620

Save this home

We’ll keep your saved homes together and let you know if the price changes. No spam.