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$370,000
Median Sale Price
2.8% MoM
6.3% YoY
5/202453
Homes Sold
35.9% MoM
19.7% YoY
5/20240.6
Months Inventory
0.3% MoM
YoY
5/202417
Days on Market
11 MoM
2 YoY
5/202430
Listings
42.9% MoM
3.4% YoY
5/2024101.3%
Sale Price to List Price
0.8% MoM
0.3% YoY
5/2024
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.