MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Hennepin County, Minnesota.
According to the latest data, Hennepin County’s Median Sale Price was pegged at $425,000, showing unchanged from the preceding month and a rise of 4.9% from the year before.
During this period, 896 homes were sold in the area, reflecting a decrease 11.4% compared to the month beforeand and an increase of 12.7% from the same month in the previous year.
Furthermore, homes in Hennepin County were on the market for an average of 29 days before selling, reflecting an increase of 4 days days month-over-month and an increase of 3 days day year-over-year.
With the Market Pulse Score sitting at 102, the trend in Hennepin County’s housing market seems to be rising.
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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