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$549,900
Median Sale Price
1.4% MoM
5.1% YoY
6/202587
Homes Sold
3.6% MoM
15.5% YoY
6/20250.6
Months Inventory
15.3% MoM
26.2% YoY
6/202516
Days on Market
1 MoM
4 YoY
6/202550
Listings
12.3% MoM
31.5% YoY
6/2025270
Price per Sq Ft
4.1% MoM
1.5% YoY
6/2025
See 55416 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.