Compare cities · September 2026
Loretto vs. Minnetonka
Homes in Minnetonka sold for a median $499,700 over the 12 months through September 2026, 42% more than in Loretto ($352,500). Homes sold faster in Minnetonka: 49 days on market on average, against 50 in Loretto. Loretto's homes are newer, with a median year built of 1992 against 1981. Minnetonka is closer to downtown Minneapolis: about 20 minutes by car, against 32. The two are about 12 miles apart.
Housing market, 12 months through September 2026
| Measure | Loretto | Minnetonka |
|---|---|---|
| Median sale price | $352,500 | $499,700 |
| Change from a year earlier | −6.6% | −0.1% |
| Homes sold | 8 | 774 |
| Days on market | 50 | 49 |
| Share of original list price | 97.4% | 97.9% |
| Price per square foot | $224 | $242 |
| New listings | 16 | 1,103 |
| Homes for sale (September 2026) | 2 | 209 |
| Months of supply (September 2026) | 1.3 | 3.3 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Loretto | Minnetonka |
|---|---|---|
| Median home value (owner estimate) | $361,500 | $475,800 |
| Median year built | 1992 | 1981 |
| Single-family homesShare of all housing units, detached houses | 85% | 64% |
| Owner-occupied homes | 84% | 72% |
| Median rent | $630 | $1,779 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Loretto | Minnetonka |
|---|---|---|
| Population (2024) | 610 | 52,651 |
| Land area | 0.3 sq mi | 26.9 sq mi |
| Drive to Downtown Minneapolis | 32 min | 20 min |
| Drive to Downtown Saint Paul | 45 min | 34 min |
| Drive to MSP Airport | 46 min | 28 min |
| Drive to Mall of America | 43 min | 25 min |
| Drive to University of Minnesota | 37 min | 25 min |
| Average commute to work | 28.5 min | 19.3 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 0 | 11 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Loretto
School districts: Delano Public School District
Minnetonka
School districts: Hopkins Public School District, Minnetonka Public School District, Wayzata Public School District
Largest lakes: Lake Minnetonka (14,206 acres), Gleason Lake (167 acres), Shady Oak Lake (91 acres), Glen Lake (60 acres), Gray's Bay Outlet Lake (25 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
Loretto or Minnetonka?
Is Loretto or Minnetonka more expensive?
Minnetonka. The median sale price was $499,700 there and $352,500 in Loretto 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, Loretto or Minnetonka?
Minnetonka: 49 days on market on average against 50, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Minnetonka, about 20 minutes by car in light traffic (32 from Loretto). To downtown Saint Paul: 45 minutes from Loretto, 34 from Minnetonka.
How far apart are Loretto and Minnetonka?
About 12 miles in a straight line between their centers.
Which has more lakes, Loretto or Minnetonka?
Minnetonka has more: 0 lakes of 10+ acres touch Loretto and 11 touch Minnetonka (largest: Lake Minnetonka), by Minnesota DNR lake outlines.
Which school districts serve Loretto and Minnetonka?
Loretto: Delano Public School District. Minnetonka: Hopkins Public School District, Minnetonka Public School District and Wayzata 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 Loretto or Minnetonka?
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 Loretto and Minnetonka.
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.