North Hennepin News

In January 2023, the median sale price of a home in Hennepin County rose by $450 from the same period in the previous year, while total sales decreased by 16.7%, according to BlockShopper.com.

Data shows that there were 674 homes sold in January 2023, with a median sale price of $335,450 - a 0.1% increase over the $335,000 median sale price for the same period of the previous year. There were 809 homes sold in Hennepin County in January 2022.

For context, the median sales tax in Hennepin County, based on the latest available data from 2021, was $4,220, which stands at 1.3% of January 2023's median home sale price.

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