What the Pros Know
Market Snapshot
Zip Code 55316 | Hennepin County, MN
23,666
Population
YoY
202241.3
Median Age
YoY
2022$113,570
Median Household Income
YoY
2022$395,000
Median Sale Price
3.9% MoM
3.2% YoY
7/202479
Homes Sold
5.3% MoM
14.1% YoY
7/20240.4
Months Inventory
4.3% MoM
19.3% YoY
7/202415
Days on Market
100 MoM
300 YoY
7/202429
Listings
3.3% MoM
3.6% YoY
7/2024100.7%
Sale Price to List Price
0.2% MoM
1.5% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.