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$506,500
Median Sale Price
0.2% MoM
6.6% YoY
5/202470
Homes Sold
16.7% MoM
16.7% YoY
5/20240.7
Months Inventory
2% MoM
YoY
5/202418
Days on Market
2 MoM
3 YoY
5/202450
Listings
13.6% MoM
28.2% YoY
5/2024100.1%
Sale Price to List Price
0.3% MoM
2.2% 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.