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County Overview

Hennepin County, MN

Aggregate real estate market report across county ZIPs
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Hennepin County, MN real estate market currently shows 5,136 active listings, with 1,223 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 423 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 39 days last year.

The median listing price has fallen 2.5% year-over-year, from $409,900 to $399,450.

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Market Context

Market Context

Population: 1,279,974  ·  Density: 1,869.2/mi²  ·  Median household income: $99,758

Typical home value: $374,266  ·  Homeownership: 64.6%

Included Areas

Minneapolis: 55403, 55407, 55408, 55412, 55417, 55418, 55420, 55422, 55423, 55424, 55425, 55426

Eden Prairie: 55344, 55346, 55347

Maple Plain: 55359, 55592, 55593

Rockford: 55373, 55572, 55577

Hopkins: 55305, 55343

Loretto: 55357, 55599

Osseo: 55369, 55569

Champlin: 55316

Crystal Bay: 55323

Dayton: 55327

Shorewood Oaks: 55331

Hamel: 55340

Long Lake: 55356

Maple Grove: 55311

Area Map

Market Overview

Active Listings
5,136
⇧ 9% vs 4,713 last year
Pending
1,223
24% pending ratio
Median Price
$399,450
⇩ 2.5% vs $409,900 last year
Average Price
$727,514
⇩ 4% vs $758,026 last year
Days on Market
42
⇧ 7.7% vs 39 days last year

Price Per Square Foot

Median $/sqft
$217
⇩ 1.8% vs $221/sqft last year
Median Home Size
1,853 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 29.7% vs 0.2% last year
Price Increased
0%
⇩ 43.1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %