What the Pros Know
Market Snapshot
Zip Code 55416 | Hennepin County, MN
34,715
Population
YoY
202235.3
Median Age
YoY
2022$99,383
Median Household Income
YoY
2022$552,500
Median Sale Price
3.3% MoM
0.2% YoY
7/202488
Homes Sold
14.3% MoM
7.3% YoY
7/20240.8
Months Inventory
3.8% MoM
17.5% YoY
7/202419
Days on Market
400 MoM
700 YoY
7/202466
Listings
4.8% MoM
24.5% YoY
7/2024100.4%
Sale Price to List Price
0.4% MoM
0.6% 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.