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Hennepin County Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 100.3% of list price in 70 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $589K Sold · $581K
$600K$560K$520K$480K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1,996 sales in Jun. Last month: 1,269.

Where the market stands

All homes in this report, by status.

21,410homes
Active4,055 · 19%
Under contract1,302 · 6%
Sold (12 mo)16,053 · 75%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$729K
Under contract$664K
Sold$542K

Average days on market

Active84 days
Under contract85 days
Sold70 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4,055
Average list price $729,382
Avg. days on market 84 days
Avg. price per ft² $261
Avg. living area 2,312 ft²
Avg. beds / baths 3.3 / 2.6

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

14 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 232 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

364 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

27930 Smithtown Road$955
3580 Northshore Drive$876
1111 W River Parkway Unit 27B$857
215 10th Avenue S Unit 813$534
1240 S 2nd Street Unit 828$487
1120 S 2nd Street Unit 102$483
3612 W 57th Street$462

All active listings (4,055)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4608 Nevada Avenue NCrystal, MN 55428 422,502$425,000$1690 days
4642 Camden Avenue NMinneapolis, MN 55412 42985$249,900$2531 day
2209 Edinbrook TerraceBrooklyn Park, MN 55443 43—$489,000—0 days
11638 Maryland LaneChamplin, MN 55316 421,734$360,000$2070 days
700 3rd AvenueExcelsior, MN 55331 321,328$424,900$3194 days
5128 Beard Avenue SMinneapolis, MN 55410 322,484$599,900$2410 days
11205 Oregon CircleBloomington, MN 55438 21980$204,900$2090 days
25520 Smithtown RoadShorewood, MN 55331 434,042$1,597,869$3950 days
2923 Aldrich Avenue NMinneapolis, MN 55411 531,904$264,900$1390 days
2600 Meridian DriveRobbinsdale, MN 55422 221,738$299,900$1720 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.