Hennepin County, MN Home Values & Market Trends
The median home price in Hennepin County, MN is $361,687.07. There were 19,655 home sales in Hennepin County, MN over the past 12 months. The median residential Hennepin County, MN home value for transactions over the previous year is $335,836.082. The number of current listings in Hennepin County, MN is 1,776, and the percentage of properties for sale is 1776.00%. The county has 436 foreclosures, 69 bank owned properties, 367 headed for auction, and 1,776 properties for sale.
Hennepin County, MN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Minneapolis | $ 307,092 $ 202/sqft | Long Lake | $ 978,561 $ 267/sqft |
| Saint Paul | $ 264,095 $ 189/sqft | Rogers | $ 450,000 $ 190/sqft |
| Maple Grove | $ 389,950 $ 180/sqft | Hopkins | $ 307,468 $ 191/sqft |
| Eden Prairie | $ 414,732 $ 195/sqft | Dayton | $ 477,701 $ 188/sqft |
| Minnetonka | $ 446,733 $ 211/sqft | Maple Plain | $ 744,351 $ 245/sqft |
| Wayzata | $ 919,350 $ 317/sqft | Osseo | $ 365,000 $ 163/sqft |
| Mound | $ 429,000 $ 224/sqft | Loretto | $ 497,210 $ 142/sqft |
| Champlin | $ 380,000 $ 180/sqft | Spring Park | $ 655,418 $ 366/sqft |
| Excelsior | $ 867,391 $ 260/sqft | Saint Bonifacius | $ -- $ -- |
| Hamel | $ 690,975 $ 206/sqft |
Housing Market Summary for Hennepin County, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $385.4K | $355.3K | -7.80% |
| Median Sold Price | $365.7K | $355.3K | -2.85% |
| Homes For Sale | 1,606 | 1,639 | 2.05% |
| Homes Sold | 10,430 | 10,014 | -3.99% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hennepin County, MN
Browse Homes in Hennepin County, MN
Hennepin County, MN home values range from $20,333 to $33,359,064. Wayzata is the priciest city with a median listing home price of $1,222,500, and Saint Paul is most affordable with average house prices of around $274,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hennepin County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 19 cities within Hennepin County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hennepin County, MN ranges from the highest value of $481,824 in Excelsior to the lowest value of $89,683 in Minneapolis. Bank owned homes and properties account for 0.02% of properties in Hennepin County, MN. There are 19 cities within Hennepin County, MN; Minneapolis containing 34 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMinneapolis has 201 auction properties, the highest number of properties going to auction in a single city in the state of Hennepin County, MN. Auction homes and other auction properties account for 0.10% of all properties in Hennepin County, MN. There are 19 cities within Hennepin County, MN; of those cities, the median estimated home value for homes going to auction ranges from $1,195,966 in Excelsior to the lowest value of $43,000 in Excelsior.
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More Real Estate Resources for Hennepin County, MN
Guide for Hennepin County, MN
Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.
The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.
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