Groveland, Minnetonka, MN
Groveland — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Groveland, Minnetonka, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Groveland Neighborhood Overview
Groveland is a residential neighborhood in the city of Minnetonka, Minnesota, offering a serene suburban setting. Located with the ZIP code 55345, it provides residents with a peaceful environment that remains conveniently connected to the greater Twin Cities metro area. The community is characterized by its high homeownership rate and established, family-friendly atmosphere.
Lifestyle & Amenities
Residents of Groveland enjoy access to Minnetonka's extensive park system and recreational trails, perfect for outdoor activities. The neighborhood's location provides convenient shopping and dining options at nearby retail centers. Its quiet streets and mature landscaping contribute to a relaxed, community-oriented lifestyle.
Real Estate Market
The Groveland real estate market features a median home value of $451,800, with a price per square foot around $254. The market shows a median rent of $1,477 per month and a high homeownership rate of 84%. Properties in the area typically see an average of 183 days on the market.
Schools & Education
Groveland is served by the highly regarded Hopkins Public School District, known for its strong academic programs. Families in the neighborhood have access to a range of public educational options from elementary through high school. The area's high median household income often correlates with strong community support for local schools.
Transportation & Connectivity
The neighborhood offers excellent connectivity via major roadways like Interstate 394 and Highway 7, facilitating easy commutes to Minneapolis and western suburbs. Public transit options are available through Metro Transit bus services. This connectivity balances suburban tranquility with convenient access to regional employment and entertainment hubs.
Why Choose Groveland
Groveland appeals to those seeking a stable, affluent suburban community with a median household income of $134,288. It offers the perfect blend of quiet neighborhood living, access to quality schools, and straightforward metro access. The high rate of homeownership indicates a settled, invested community ideal for families and long-term residents.
Groveland Market Data
| Metric | Value |
|---|---|
| Median Home Price | $452K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $134K |
| Homeownership Rate | 84.0% |
| Renter-Occupied | 16.0% |
| Rental Vacancy Rate | 3.6% |
| Market Type | Seller's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 55345 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Groveland, Minnetonka
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Groveland, Minnetonka, MN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15