Hennepin County, MN Housing

Hennepin County, Minnesota has seen a steady growth in the housing market over the past year. The median value of homes in Hennepin County is $342,800 which is higher than the US house median value of $338,100. Although not as much as the US 1 Year House Appreciation of 8.27%, Hennepin County still saw a 1 year house appreciation of 6.25%. This demonstrates that people are increasingly investing in the housing market and is indicative of positive economic growth in the area.

The median home cost in Hennepin County is $342,800. Home appreciation the last 10 years has been 89.2%. Home Appreciation in Hennepin County is up 8.1%.

Average Age of Homes

- The median age of Hennepin County real estate is 47 years old

The Rental Market in Hennepin County

- Renters make up 34.7% of the Hennepin County population
- 1.6% of houses and apartments in Hennepin County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hennepin, Minnesota	United States
	550,254.0	139,647,020.0
	50	42
	$342,800	$338,100
	8.1%	16.6%
	41.9%	57.0%
	89.2%	101.1%
	$12.29	$10.98
	$3,800	$2,690
	60.0%	57.4%
	4.9%	11.2%
	35.1%	31.4%
Vacant Housing
	1.6%	1.9%
	0.4%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	0.7%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.6%	2.4%
	0.4%	2.8%
	0.6%	3.9%
	0.9%	4.5%
	4.5%	11.3%
	10.2%	13.0%
	30.0%	20.1%
	21.4%	13.6%
	11.9%	8.3%
	11.8%	9.7%
	3.8%	3.9%
	1.7%	2.2%
	0.5%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.2%	13.6%
	8.2%	13.6%
	9.0%	13.6%
	13.6%	13.2%
	14.1%	14.8%
	9.0%	13.6%
	12.9%	10.0%
	5.4%	4.7%
	18.6%	12.2%

Reviews for Hennepin

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Amy · Minneapolis, MN

Forward Thinking, Great Economy and Super Livable

Over 6 years ago

I am not a native Minnesotan, but I have lived in the state longer than any other place that I've lived, which includes Detroit area, Washington DC, Dallas and the More

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JDawg · Brooklyn Park, MN

property taxes

Over 7 years ago

Eye Wateringly high. 20% year over year property tax hikes in the last 2-3 years. Expect to pay around $5k a year on homes valued around $300,000. Your local school More

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