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$525,000
Median Sale Price
3.7% MoM
33.9% YoY
7/202433
Homes Sold
13.2% MoM
37.5% YoY
7/20240.7
Months Inventory
2.8% MoM
11.1% YoY
7/202420
Days on Market
700 MoM
800 YoY
7/202422
Listings
8.3% MoM
22.2% YoY
7/202499.5%
Sale Price to List Price
1.4% MoM
2.6% 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.