Minneapolis Review

In February 2023, the median sale price of a home in Hennepin County fell by $6,105 from the same period in the previous year, while total sales decreased by 28.2%, according to BlockShopper.com.

Data shows that there were 687 homes sold in February 2023, with a median sale price of $340,000 - a 1.8% decrease from the $346,105 median sale price for the same period of the previous year. There were 957 homes sold in Hennepin County in February 2022.

For context, the median sales tax in Hennepin County, based on the latest available data from 2021, was $4,220, which stands at 1.2% of February 2023's median home sale price.

The following histogram displays changes in median sales prices in Hennepin County from February 2022 to February 2023.