MyMarketPulse (mymarketpulse.com) recently disclosed its July 2024 findings on the housing market conditions in Hennepin County, Minnesota.
The report shows that the Median Sale Price in Hennepin County reached $430,000 as of July 2024, marking unchanged of over the previous month and a 2.4% rise compared to a year ago.
The area witnessed the sale of 1,199 homes during this period, which is a 1.0% decrease from the preceding month and an increase of 9.9% compared to the same timeframe last year.
The median time homes spent on the market was 16 days, which is up 1 day compared to last month and an increase of 4 days over the previous year.
Currently, with a Market Pulse Score of 115, Hennepin County’s real estate market appears to be experiencing an upturn.
For more information about the Hennepin County, Minnesota market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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