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Minneapolis Review

Saturday, November 16, 2024

Hennepin County home prices remained unchanged in June 2024 compared to June 2023

Re 8

In June, the median sale price of a home in Hennepin County remained unchanged from the same period in the previous year, while total sales increased by 32.9%, according to BlockShopper.com.

Data shows that there were 816 homes sold in June, with a median sale price of $400,000 - remained unchanged from the median sale price for the same period of the previous year. There were 614 homes sold in Hennepin County in June 2023.

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 June's median home sale price.

The following histogram displays changes in median sales prices in Hennepin County from June 2023 to June 2024.

June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024$400,000$400,000$390,000$390,000$402,000$402,000$385,000$385,000$375,000$375,000$367,500$367,500$340,000$340,000$350,000$350,000$360,000$360,000$360,000$360,000$391,250$391,250$390,000$390,000$400,000$400,000

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