Minneapolis Review

In August 2023, the median sale price of a home in Hennepin County rose by $24,850 from the same period in the previous year, while total sales increased by 0.1%, according to BlockShopper.com.

Data shows that there were 1,417 homes sold in August 2023, with a median sale price of $402,000 - a 6.6% increase over the $377,150 median sale price for the same period of the previous year. There were 1,416 homes sold in Hennepin County in August 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% of August 2023's median home sale price.

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