Annessa Fackelman
Hennepin Real Estate
Navigate the Hennepin County real estate market with Annessa Fackelman. She provides direct guidance and genuine care for those transitioning through the Minnesota housing landscape.
Hennepin remains a primary hub for Minnesota residents, offering a mix of established neighborhoods and modern developments. The county features a diverse housing stock where 52% are single-family detached homes (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Residents here often benefit from efficient travel, with 75% of commutes under 30 minutes (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates).
Annessa Fackelman specializes in assisting clients through significant life transitions, including downsizing and senior moves. She understands that buying or selling a home is often about more than a transaction. Whether looking for a condo, new construction, or a waterfront property, her approach focuses on keeping clients informed and comfortable throughout the process.
The market shows steady long-term movement. Home prices in the area have seen a change of +29.8% over the last five years (Federal Housing Finance Agency House Price Index, 2020 to 2025). Annessa uses this context to help sellers position their properties effectively and buyers understand the local value.
By the numbers
Hennepin County at a glance
| Population2020–2024 ACS 5-year estimates | 1,269,496 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 571,527 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $392,900 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,487 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $4,480 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 63% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 52% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1973 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 75% |
| Home price change, 1 year2024 to 2025 | +3.0% |
| Home price change, 5 years2020 to 2025 | +29.8% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Hennepin County, Minnesota?↓
The median home value for owner-occupied units in the county is $392,900 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This figure reflects the varied housing options across the region. Annessa Fackelman helps buyers navigate these values to find a home that fits their specific needs.
What kind of property taxes should I expect in Hennepin?↓
The median annual property tax paid by homeowners in the area is $4,480 (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Annessa ensures her clients have a clear view of these ongoing costs during the search process. Knowing these figures helps in planning for a successful long-term purchase.
What is the current housing inventory like in Hennepin?↓
There are 571,527 housing units located within the county (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). This inventory includes everything from townhouses to acreage. Annessa Fackelman identifies opportunities within this stock that align with her clients' lifestyle transitions.
How have home prices in Hennepin changed recently?↓
The home price change over one year was +3.0% (Federal Housing Finance Agency House Price Index, 2024 to 2025). This indicates a stable growth pattern in the Minnesota market. Annessa monitors these trends to provide confident advice to both sellers and first-time buyers.
What are the common commute times for residents in this area?↓
Data shows that 75% of commutes are under 30 minutes (U.S. Census Bureau, American Community Survey, 2020–2024 ACS 5-year estimates). Annessa uses her local knowledge to highlight neighborhoods with convenient transit options.