51Alpha

Hennepin County, MN Housing Market Brief

county · MN · as of July 2026

Balanced

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.

Price Momentum20%
54
Inventory Health25%
45
Affordability20%
45
Economic Strength20%
57
Rental Yield15%
53

Where is Hennepin County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Hennepin County, MN is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Hennepin County, MN?

Our model forecasts Hennepin County, MN’s home prices to rise about 1.1% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Hennepin County, MN housing market data

MetricValueYoY
Median Sale Price$425K▲ +4.7%
Median Days on Market20 days▲ +11.1%
Months of Supply2.1▲ +10.5%
Homes for Sale3,287-2.7%
Homes Sold1,597-8.9%
Median Price / Sq Ft$221▲ +1.2%

How has Hennepin County, MN’s Alpha Score moved?

Now: 51
12-period trend
Median sale price · 12 mo

Markets like Hennepin County, MN

Frequently asked questions

Is Hennepin County, MN a buyer's or seller's market?

As of July 2026, Hennepin County, MN is classified as a Balanced Market, based on its Alpha Score of 51 out of 100. The classification reflects current price, inventory, 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 $425K, having risen 4.7% over the past year.

How affordable is Hennepin County, MN?

Hennepin County, MN scores 45 out of 100 on affordability — moderately affordable 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 (57/100) and its weakest is Affordability (45/100). 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.