dynamic.RE
dynamic.RELoading market data
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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −6.6% YoY. inventory, −0.6% YoY, is the number to watch.
The median listing price is down 6.6% YoY while the median home got up 2.6% bigger, so value per square foot is down 0.1%.
U.S. Census ACS characteristics for ZIP 55407 itself, not its parent county.
Renters hold 41.1% of this ZIP's 14,789 occupied households, on a median household income of $78K.
| Measure | ZIP 55407 | Hennepin County | Difference |
|---|---|---|---|
| Median Household Income | $78K | $98K | -$19K |
| Below Poverty Level | 17.4% | 10.0% | +7.4% |
| Median Age | 33.80 | 37.60 | -3.80 |
| Total Population | 37,667 | 1,269,496 | -- |
| Avg Household Size | 2.51 | 2.30 | +0.21 |
| Owner-Occupied | 58.9% | 62.7% | -3.8% |
| Worked From Home | 25.8% | 25.2% | +0.6% |
| Mean Commute | 23.00 | 21.90 | +1.10 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.0% to 1,269,496: residents under 18 are down 0.8% and those 65 and over are up 3.3%.
County median household income is $98K, 10.0% of residents are below the poverty level, 25.2% work from home.