What the Pros Know
Market Snapshot
Zip Code 55405 | Hennepin County, MN
17,099
Population
YoY
202232.2
Median Age
YoY
2022$66,901
Median Household Income
YoY
2022$560,000
Median Sale Price
7.1% MoM
1.8% YoY
5/202425
Homes Sold
13.6% MoM
4.2% YoY
5/20241.0
Months Inventory
17.3% MoM
YoY
5/202422
Days on Market
15 MoM
9 YoY
5/202424
Listings
26.3% MoM
33.3% YoY
5/2024101.7%
Sale Price to List Price
1.0% MoM
1.9% 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.