What the Pros Know
Market Snapshot
Zip Code 55408 | Hennepin County, MN
32,312
Population
YoY
202229.7
Median Age
YoY
2022$70,158
Median Household Income
YoY
2022$475,000
Median Sale Price
0.0% MoM
9.5% YoY
6/202533
Homes Sold
15.4% MoM
43.5% YoY
6/20250.8
Months Inventory
18.2% MoM
30.8% YoY
6/202521
Days on Market
3 MoM
5 YoY
6/202528
Listings
0.0% MoM
12.5% YoY
6/2025239
Price per Sq Ft
5.5% MoM
4.6% YoY
6/2025
See 55408 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.