Hennepin County, MN Real Estate & Property Data

Hennepin County Real Estate Market Trends
Last Updated: April 18, 2024

With up-to-date real estate data get detailed insight into Hennepin County, MN sourced from the nation’s leading property data provider. The current median home price in Hennepin County, MN is $360,000. Hennepin County real estate data shows that there have been a total of 19,117 residential properties sold over the past 12 months. ATTOM’s Hennepin County real estate data indicates that the county has 81 properties in foreclosure and 15 REOs (real estate bank owned) properties.

Hennepin County Real Estate Market Trends
Total Residential Properties 381,223
Total Commercial Properties 32,922
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,629
Total 2024 Residential Sales (year-to-date) 2,081
% of Homes Seriously Underwater (Q2 2024) 1.03%
Total 2023 Residential Sales 18,115
% of Equity Rich Homes (Q2 2024) 35.01%
Effective 2023 Property Tax 1.19%
Total Foreclosure Filings (year-to-date) 182
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Hennepin County, MN Real Estate Overview

There were 19,117 residential properties sold in the past year in Hennepin County, MN. The median home value in Hennepin County, MN is $359,533. There are a total of 381,223 residential properties in the Hennepin.

Median Sales Price i
$360,000
(Feb 2024)
+4.6%
year-over-year
y-o-y
  • February '24 Feb '24 $360,000
  • January '24 Jan '24 $359,000
  • December '23 Dec '23 $350,000
  • November '23 Nov '23 $370,000
  • October '23 Oct '23 $390,000
  • September '23 Sep '23 $399,950
  • August '23 Aug '23 $415,000
  • July '23 Jul '23 $400,000
  • June '23 Jun '23 $404,500
  • May '23 May '23 $385,000
  • April '23 Apr '23 $393,500
  • March '23 Mar '23 $360,000
Median Down Payment i
$50,625
(Feb 2024)
+29.8%
year-over-year
y-o-y
  • February '24 Feb '24 $50,625
  • January '24 Jan '24 $50,450
  • December '23 Dec '23 $51,125
  • November '23 Nov '23 $55,050
  • October '23 Oct '23 $67,650
  • September '23 Sep '23 $64,000
  • August '23 Aug '23 $69,000
  • July '23 Jul '23 $61,250
  • June '23 Jun '23 $57,000
  • May '23 May '23 $53,200
  • April '23 Apr '23 $46,900
  • March '23 Mar '23 $42,000
Number of Homes Sold i
867
(Feb 2024)
-6.7%
year-over-year
y-o-y
  • February '24 Feb '24 867
  • January '24 Jan '24 1,214
  • December '23 Dec '23 1,165
  • November '23 Nov '23 1,613
  • October '23 Oct '23 1,485
  • September '23 Sep '23 1,715
  • August '23 Aug '23 2,163
  • July '23 Jul '23 1,808
  • June '23 Jun '23 1,912
  • May '23 May '23 1,651
  • April '23 Apr '23 1,364
  • March '23 Mar '23 1,231
Number of Purchase Loans i
644
(Feb 2024)
-11.2%
year-over-year
y-o-y
  • February '24 Feb '24 644
  • January '24 Jan '24 851
  • December '23 Dec '23 859
  • November '23 Nov '23 1,207
  • October '23 Oct '23 1,113
  • September '23 Sep '23 1,331
  • August '23 Aug '23 1,663
  • July '23 Jul '23 1,452
  • June '23 Jun '23 1,537
  • May '23 May '23 1,322
  • April '23 Apr '23 1,067
  • March '23 Mar '23 960
Number of REFI Loans i
397
(Feb 2024)
+10%
year-over-year
y-o-y
  • February '24 Feb '24 397
  • January '24 Jan '24 485
  • December '23 Dec '23 551
  • November '23 Nov '23 643
  • October '23 Oct '23 572
  • September '23 Sep '23 571
  • August '23 Aug '23 673
  • July '23 Jul '23 597
  • June '23 Jun '23 588
  • May '23 May '23 583
  • April '23 Apr '23 473
  • March '23 Mar '23 520
Number of HELOC Loans i
264
(Feb 2024)
-24.8%
year-over-year
y-o-y
  • February '24 Feb '24 264
  • January '24 Jan '24 315
  • December '23 Dec '23 317
  • November '23 Nov '23 421
  • October '23 Oct '23 380
  • September '23 Sep '23 439
  • August '23 Aug '23 527
  • July '23 Jul '23 445
  • June '23 Jun '23 515
  • May '23 May '23 605
  • April '23 Apr '23 463
  • March '23 Mar '23 401

Hennepin County, MN Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Hennepin County, MN Foreclosure Activity

There were a total of 81 Hennepin County, MN properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 81 Hennepin County, MN properties and repossessed 15 Hennepin County, MN properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
81
(Feb 2024)
+58.8%
year-over-year
y-o-y
  • February '24 Feb '24 81
  • January '24 Jan '24 101
  • December '23 Dec '23 83
  • November '23 Nov '23 72
  • October '23 Oct '23 57
  • September '23 Sep '23 73
  • August '23 Aug '23 86
  • July '23 Jul '23 71
  • June '23 Jun '23 93
  • May '23 May '23 92
  • April '23 Apr '23 85
  • March '23 Mar '23 107
Foreclosure Starts i
81
(Feb 2024)
+58.8%
year-over-year
y-o-y
  • February '24 Feb '24 81
  • January '24 Jan '24 101
  • December '23 Dec '23 83
  • November '23 Nov '23 72
  • October '23 Oct '23 57
  • September '23 Sep '23 73
  • August '23 Aug '23 86
  • July '23 Jul '23 71
  • June '23 Jun '23 93
  • May '23 May '23 92
  • April '23 Apr '23 85
  • March '23 Mar '23 107
Completed Foreclosures (REOs) i
15
(Feb 2024)
-31.8%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 9
  • December '23 Dec '23 8
  • November '23 Nov '23 8
  • October '23 Oct '23 4
  • September '23 Sep '23 13
  • August '23 Aug '23 14
  • July '23 Jul '23 14
  • June '23 Jun '23 12
  • May '23 May '23 9
  • April '23 Apr '23 8
  • March '23 Mar '23 11
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