Hennepin County, MN Average Home Price (2026)
The average home price in Hennepin County, Minnesota is about $379,000 (the 2026 median across 64 ZIP codes, at ~$209/sq ft) — 28% more expensive than the Minnesota median and 31% more expensive than the typical U.S. home.
How Hennepin County compares
Hennepin County is relatively expensive for housing nationally: its typical home costs $379,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $145,000 to $1,029,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Hennepin County | $379,000 | $209 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Cities in Hennepin County
Cities with their own home-value page, largest first:
Hennepin County home prices by ZIP code
The 15 most valuable ZIP codes in Hennepin County (of 64 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 55391 Woodland | $1,029,000 | $489 | +172% |
| 55424 Edina | $1,021,000 | $415 | +169% |
| 55331 Shorewood | $830,000 | $396 | +119% |
| 55356 Orono | $803,000 | $432 | +112% |
| 55439 Edina | $690,000 | $274 | +82% |
| 55340 Corcoran | $686,000 | $254 | +81% |
| 55436 Edina | $638,000 | $272 | +68% |
| 55402 Minneapolis | $623,000 | $328 | +64% |
| 55446 Plymouth | $613,000 | $210 | +62% |
| 55359 Independence | $604,000 | $383 | +59% |
| 55410 Minneapolis | $596,000 | $342 | +57% |
| 55384 Spring Park | $584,000 | $435 | +54% |
| 55347 Eden Prairie | $566,000 | $205 | +49% |
| 55345 Minnetonka | $538,000 | $247 | +42% |
| 55364 Mound | $535,000 | $290 | +41% |
Home value appreciation in Hennepin County
Home prices in Hennepin County have risen about 65% over the last 10 years (≈5.1% a year) and +52.1% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +3.0% — still rising. A home worth $379,000 today was worth roughly $229,558 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Minnesota is +71.4% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Hennepin County
Run the numbers for Hennepin County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Hennepin County
To buy the typical $379,000 home in Hennepin County with 20% down, you need a household income of roughly $103,000 a year (about $2,410 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $123,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $19,000 | $2,990/mo | $128,000/yr |
| 10% (+PMI) | $37,900 | $2,860/mo | $123,000/yr |
| 20% | $75,800 | $2,410/mo | $103,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Hennepin County
At about $209 per square foot, here is roughly how much home different budgets get you in Hennepin County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 960 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1200 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1440 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1910 sq ft | around the typical home here |
| $500k | 2390 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Minnesota.
Estimate a specific home in Hennepin County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Hennepin County home prices: frequently asked
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Browse all Minnesota cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.