What the Pros Know
Market Snapshot
Zip Code 55340 | Hennepin County, MN
9,414
Population
YoY
202238.3
Median Age
YoY
2022$169,762
Median Household Income
YoY
2022$743,990
Median Sale Price
1.0% MoM
5.7% YoY
5/202451
Homes Sold
70.0% MoM
34.2% YoY
5/20240.9
Months Inventory
32.8% MoM
YoY
5/202445
Days on Market
18 MoM
17 YoY
5/202448
Listings
4.0% MoM
41.2% YoY
5/202499.1%
Sale Price to List Price
0.3% MoM
0.2% YoY
5/2024
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.