Compare cities · September 2026
Independence vs. Tonka Bay
Homes in Tonka Bay sold for a median $1,085,000 over the 12 months through September 2026, 21% more than in Independence ($900,000). Homes sold faster in Tonka Bay: 41 days on market on average, against 113 in Independence. Independence's homes are newer, with a median year built of 1989 against 1982. Tonka Bay is closer to downtown Minneapolis: about 33 minutes by car, against 35. The two are about 10 miles apart.
Housing market, 12 months through September 2026
| Measure | Independence | Tonka Bay |
|---|---|---|
| Median sale price | $900,000 | $1,085,000 |
| Change from a year earlier | +12.5% | −14.1% |
| Homes sold | 35 | 19 |
| Days on market | 113 | 41 |
| Share of original list price | 96.7% | 96.1% |
| Price per square foot | $276 | $495 |
| New listings | 67 | 39 |
| Homes for sale (September 2026) | 23 | 10 |
| Months of supply (September 2026) | 6.8 | 4.8 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Independence | Tonka Bay |
|---|---|---|
| Median home value (owner estimate) | $663,400 | $917,100 |
| Median year built | 1989 | 1982 |
| Single-family homesShare of all housing units, detached houses | 96% | 94% |
| Owner-occupied homes | 92% | 81% |
| Median rent | $3,469 | $2,320 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Independence | Tonka Bay |
|---|---|---|
| Population (2024) | 3,710 | 1,540 |
| Land area | 32.4 sq mi | 0.9 sq mi |
| Drive to Downtown Minneapolis | 35 min | 33 min |
| Drive to Downtown Saint Paul | 48 min | 46 min |
| Drive to MSP Airport | 49 min | 38 min |
| Drive to Mall of America | 46 min | 34 min |
| Drive to University of Minnesota | 40 min | 37 min |
| Average commute to work | 24.6 min | 25.7 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 6 | 1 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Independence
School districts: Delano Public School District, Orono Public School District, Westonka Public School District
Largest lakes: Lake Independence (832 acres), Lake Sarah (557 acres), Lake Rebecca (263 acres), Robina Lake (235 acres), Haughey Lake (54 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
Independence or Tonka Bay?
Is Independence or Tonka Bay more expensive?
Tonka Bay. The median sale price was $1,085,000 there and $900,000 in Independence 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, Independence or Tonka Bay?
Tonka Bay: 41 days on market on average against 113, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Tonka Bay, about 33 minutes by car in light traffic (35 from Independence). To downtown Saint Paul: 48 minutes from Independence, 46 from Tonka Bay.
How far apart are Independence and Tonka Bay?
About 10 miles in a straight line between their centers.
Which has more lakes, Independence or Tonka Bay?
Independence has more: 6 lakes of 10+ acres touch Independence (largest: Lake Independence) and 1 touch Tonka Bay (largest: Lake Minnetonka), by Minnesota DNR lake outlines.
Which school districts serve Independence and Tonka Bay?
Independence: Delano Public School District, Orono Public School District and Westonka Public School District. 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 Independence 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.
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Deciding between them?
See homes in Independence 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.