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$330,000
Median Sale Price
5.7% MoM
4.3% YoY
6/202591
Homes Sold
2.2% MoM
12.3% YoY
6/20250.4
Months Inventory
6.6% MoM
21.3% YoY
6/202515
Days on Market
2 MoM
2 YoY
6/202532
Listings
8.6% MoM
18.5% YoY
6/2025231
Price per Sq Ft
10.5% MoM
0.6% YoY
6/2025
See 55407 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.