What the Pros Know
Market Snapshot
Zip Code 55406 | Hennepin County, MN
35,726
Population
YoY
202238.9
Median Age
YoY
2022$87,751
Median Household Income
YoY
2022$360,000
Median Sale Price
9.1% MoM
4.6% YoY
5/202497
Homes Sold
19.8% MoM
3.0% YoY
5/20240.4
Months Inventory
23.3% MoM
YoY
5/202411
Days on Market
6 MoM
2 YoY
5/202435
Listings
25.0% MoM
16.7% YoY
5/2024103.5%
Sale Price to List Price
0.6% MoM
0.9% 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.