What the Pros Know
Market Snapshot
Zip Code 55407 | Hennepin County, MN
36,997
Population
YoY
202233.7
Median Age
YoY
2022$74,518
Median Household Income
YoY
2022$333,250
Median Sale Price
1.0% MoM
4.8% YoY
7/202488
Homes Sold
4.8% MoM
4.8% YoY
7/20240.2
Months Inventory
46.6% MoM
28.4% YoY
7/202412
Days on Market
200 MoM
0 YoY
7/202421
Listings
48.8% MoM
25.0% YoY
7/2024102.6%
Sale Price to List Price
0.1% MoM
0.9% YoY
7/2024
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.