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$330,250
Median Sale Price
4.0% MoM
0.2% YoY
5/202482
Homes Sold
36.7% MoM
22.4% YoY
5/20240.4
Months Inventory
32.6% MoM
YoY
5/202414
Days on Market
0 MoM
1 YoY
5/202429
Listings
70.6% MoM
45.0% YoY
5/2024102.8%
Sale Price to List Price
0.1% MoM
0.6% 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.