Hennepin County, MN Housing Market Brief
county · MN · as of May 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.
Where is Hennepin County, MN in its market cycle?
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.
Hennepin County, MN housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $425K | ▲ +4.7% |
| Median Days on Market | 20 days | ▲ +11.1% |
| Months of Supply | 2.1 | ▲ +10.5% |
| Homes for Sale | 3,287 | ▼ -2.7% |
| Homes Sold | 1,597 | ▼ -8.9% |
| Median Price / Sq Ft | $221 | ▲ +1.2% |
| Sale-to-List Ratio | 100.8% | ▼ -0.3% |
How has Hennepin County, MN’s Alpha Score moved?
Markets like Hennepin County, MN
- New Castle County, DE, DEcounty42
- Frederick County, VA, VAcounty43
- Worcester County, MA, MAcounty41
- Berkshire County, MA, MAcounty40
- Prince William County, VA, VAcounty44
- Frederick County, MD, MDcounty41
- Hancock County, ME, MEcounty42
- Franklin County, VT, VTcounty43
- Grand Traverse County, MI, MIcounty46
- Knox County, ME, MEcounty45
Frequently asked questions
Is Hennepin County, MN a buyer's or seller's market?
As of May 2026, Hennepin County, MN is classified as a Balanced Market, based on its Alpha Score of 43 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 16 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 (57/100) and its weakest is Affordability (16/100). 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.