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$396,500
Median Sale Price
0.1% MoM
1.4% YoY
6/202574
Homes Sold
13.8% MoM
9.8% YoY
6/20250.5
Months Inventory
31.7% MoM
23.3% YoY
6/202517
Days on Market
3 MoM
0 YoY
6/202535
Listings
22.2% MoM
0.0% YoY
6/2025202
Price per Sq Ft
4.6% MoM
1.1% YoY
6/2025
See 55316 on Zillow
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.