Michael James and Rebecca Hines sell 3200 Highland Ave., Minnetonka

The home at 3200 Highland Ave., Minnetonka, was sold on June 17 by Michael James and Rebecca Hines for $575,000.

Judith L. and Richard D. Stromwall were listed as the buyers.

Property taxes on the home totaled $5,847 in 2024, or 1% of the sale price.

This property is one of 51 sales in Minnetonka, Hennepin County, between May 17 and June 17.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.