Hennepin County, MN Housing Market Brief
county · MN · score computed October 2026
What is Hennepin County, MN’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Hennepin County, MN in its market cycle?
Hennepin County, MN is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Hennepin County, MN?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Hennepin County, MN housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $399K | ▼ -0.2% | Redfin |
| Median Days on Market | 29 days | ▲ +11.5% | Redfin |
| Months of Supply | 2.9 | ▲ +16% | Redfin |
| Homes for Sale | 3,982 | ▲ +10.3% | Redfin |
| Homes Sold | 1,383 | ▼ -3.4% | Redfin |
| Median Price / Sq Ft | $214 | ▼ -0.1% | Redfin |
How has Hennepin County, MN’s Alpha Score moved?
Markets like Hennepin County, MN
- Ramsey County, MN, MNcounty33
- Prince William County, VA, VAcounty38
- Worcester County, MA, MAcounty30
- New Castle County, DE, DEcounty35
- Tehama County, CA, CAcounty28
- Ulster County, NY, NYcounty40
- Tuscaloosa County, AL, ALcounty39
- Windham County, VT, VTcounty33
- Linn County, OR, ORcounty27
- Norfolk County, MA, MAcounty29
Frequently asked questions
Is Hennepin County, MN a buyer's or seller's market?
In the scores computed October 2026, Hennepin County, MN is classified as a Buyer's Market, based on its Alpha Score of 34 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Hennepin County, MN?
The median sale price in Hennepin County, MN is $399K, having held roughly steady over the past year, according to Redfin.
How affordable is Hennepin County, MN?
Hennepin County, MN scores 18 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Hennepin County, MN's Alpha Score?
Hennepin County, MN's strongest dimension is Economic Strength (56/100) and its weakest is Affordability (18/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Hennepin County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.