What the Pros Know
Market Snapshot
Zip Code 55418 | Hennepin County, MN
30,797
Population
YoY
202237.6
Median Age
YoY
2022$89,955
Median Household Income
YoY
2022$357,500
Median Sale Price
8.3% MoM
5.1% YoY
5/202470
Homes Sold
18.6% MoM
19.5% YoY
5/20240.6
Months Inventory
34.2% MoM
YoY
5/202411
Days on Market
3 MoM
2 YoY
5/202443
Listings
43.3% MoM
126.3% YoY
5/2024103.3%
Sale Price to List Price
0.7% MoM
0.3% 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.