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County Overview

Hennepin County, MN

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

Market Analysis

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

The Hennepin County, MN real estate market currently shows 3,893 active listings, with 1,615 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 163 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 33 days last year.

The median listing price has fallen 4.7% year-over-year, from $425,000 to $404,950.

Whether you are buying or selling in Hennepin County, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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: 55401, 55402, 55403, 55407, 55408, 55409, 55410, 55411, 55412, 55413, 55418, 55420

Eden Prairie: 55344, 55346, 55347

Rockford: 55373, 55572, 55577

Hopkins: 55305, 55343

Loretto: 55357, 55599

Maple Plain: 55592, 55593

Cedar-Riverside: 55404, 55415

Osseo: 55369, 55569

Champlin: 55316

Crystal Bay: 55323

Dayton: 55327

Excelsior: 55331

Hamel: 55340

Long Lake: 55356

Area Map

Market Overview

Active Listings
3,893
⇧ 4.4% vs 3,730 last year
Pending
1,615
41% pending ratio
Median Price
$404,950
⇩ 4.7% vs $425,000 last year
Average Price
$804,089
⇧ 6.9% vs $751,963 last year
Days on Market
36
⇧ 9.1% vs 33 days last year

Price Per Square Foot

Median $/sqft
$226
⇩ 0.9% vs $228/sqft last year
Median Home Size
1,852 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇧ 8.7% vs 0.1% last year
Price Increased
0%
⇧ 26.5%
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 %