Minneapolis Review

In April 2023, the median sale price of a home in Hennepin County fell by $3,000 from the same period in the previous year, while total sales decreased by 53.5%, according to BlockShopper.com.

Data shows that there were 756 homes sold in April 2023, with a median sale price of $382,000 - a 0.8% decrease from the $385,000 median sale price for the same period of the previous year. There were 1,627 homes sold in Hennepin County in April 2022.

For context, the median sales tax in Hennepin County, based on the latest available data from 2021, was $4,220, which stands at 1.1% of April 2023's median home sale price.

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