Market Summary

Sorenson, Hennepin County, MN

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Median Home Price Price

$366,248 $366.2K

Median Monthly Rent Rent

$1,921 $1.9K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hennepin County

Region Price Rent GRM Display
$409,983 $1,943 18.0x
$353,358 $1,931 15.0x
$351,755 $1,847 16.0x
$282,809 $1,544 15.0x
$364,671 $1,633 19.0x
$640,717 $1,944 27.0x
$310,284 $1,805 14.0x
$385,882 $2,056 16.0x
$351,871 $1,941 15.0x
$355,989 $1,799 16.0x
$353,898 $2,049 14.0x
$308,317 $1,664 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Hennepin County

Region Price Rent GRM Display
$343,594 $1,902 15.0x
$416,908 $1,400 25.0x
$339,871 $1,917 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$472,832 $1,854 21.0x
$327,458 $1,715 16.0x
$409,453 $1,905 18.0x
$216,508 $1,318 14.0x
$669,961 $1,897 29.0x
$380,451 $1,790 18.0x
$283,170 $1,513 16.0x
$346,241 $1,419 20.0x
$221,661 $1,260 15.0x
$879,519 $1,830 40.0x
$556,576 $2,476 19.0x

Home prices

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Monthly rent

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GRM

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Sorenson

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Trend Insights

Median Rent in Sorenson, MN is $1,921, with MoM change +$17 and YoY change +$93 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Sorenson, MN.

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Metric
Base market Sorenson, MN
Compare market Select a market
Delta vs base
Median rent
$1,921
N/A
Median price
$366,248
N/A
YoY change
+$93
N/A
Price-to-rent
15.9x
Data unavailable
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