Hennepin County, MN Housing Market Trends

Market Overview for Q4 2025

$375K -1.3% Y-o-Y -$5K Y-o-Y
Open table view
$208 -1.9% Y-o-Y -$4 Y-o-Y
Open table view
2,987 -28.5% Y-o-Y -1,192 Y-o-Y
Open table view

The median home sale price in Hennepin County, MN as of Q4 2025 was $375K, down 1.3% year-over-year. A total of 2,987 deals were recorded, representing a year-over-year change of just -28.5%. In Q4 2025, the median price per square foot was $208, a change of -1.9% year-over-year.

When a location has insufficient sales for calculating accurate metrics, sale information will not be displayed.

Hennepin County, MN Median Sale Price
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $343,000 $378,000 $370,000 $350,000
2023 $345,000 $375,000 $375,000 $366,000
2024 $372,000 $394,000 $385,000 $380,000
2025 $384,000 $405,000 $390,000 $375,000
Hennepin County, MN Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $181 $197 $193 $184
2023 $181 $193 $195 $194
2024 $199 $217 $214 $212
2025 $210 $219 $210 $208
Real Estate Transactions in Hennepin County, MN
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 4,375 7,338 6,558 4,345
2023 3,022 4,945 5,328 2,989
2024 2,962 5,720 5,442 4,179
2025 3,198 5,579 5,193 2,987
Hennepin County, MN Median Sale Price
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $343,000 $378,000 $370,000 $350,000
2023 $345,000 $375,000 $375,000 $366,000
2024 $372,000 $394,000 $385,000 $380,000
2025 $384,000 $405,000 $390,000 $375,000
Hennepin County, MN Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 $181 $197 $193 $184
2023 $181 $193 $195 $194
2024 $199 $217 $214 $212
2025 $210 $219 $210 $208
Real Estate Transactions in Hennepin County, MN
Year Q1 Q2 Q3 Q4
2021 0 0 0 0
2022 4,375 7,338 6,558 4,345
2023 3,022 4,945 5,328 2,989
2024 2,962 5,720 5,442 4,179
2025 3,198 5,579 5,193 2,987

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$235K
-0.4%
$216
-2.3%
383
Other Residential
$410K
0%
$213
-1.8%
2,240
Houses
$331K
-6.5%
$180
-1.6%
364

Hennepin County, MN Housing Stock

Property Type
Units
Single Family
28
2-4 Family
13,374
Condo
47,154
Co-op
2,791
Townhouse
27,949
Other
305,440
All Residential
396,736

Hennepin County: Demographics

Total population
1,269,496
Median age
37.6
No high school education
2.9%
Some high school/college
19.8%
Bachelor's degree
32.6%
Average household income
$138,433
Occupied housing units
539,493
Owner-occupied units
62.7%
Renter-occupied units
37.3%
Median year structure built
1973

Discover City-Level Housing Market Prices and Trends in Hennepin County, MN

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City
Median Sale Price