Market Summary

Tessman, Hennepin County, MN

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Median Home Price Price

$357,409 $357.4K

Median Monthly Rent Rent

$1,846 $1.8K

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
$364,671 $1,633 19.0x
$462,366 $1,700 23.0x
$339,027 $1,678 17.0x
$339,322 $1,622 17.0x
$309,083 $1,526 17.0x
$298,242 $1,508 16.0x
$312,180 $1,492 17.0x
$288,248 $1,574 15.0x
$273,151 $1,544 15.0x
$262,408 $1,635 13.0x
$318,763 $1,650 16.0x
$217,724 $1,612 11.0x
$403,897 $1,924 17.0x
$247,914 $1,601 13.0x
$311,354 $1,582 16.0x
$342,943 $1,550 18.0x
$308,317 $1,664 15.0x
$411,783 $1,633 21.0x
$398,174 $1,825 18.0x

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
$366,678 $2,008 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
$479,692 $1,836 22.0x
$508,706 $1,916 22.0x
$566,206 $1,748 27.0x
$323,263 $1,438 19.0x
$537,054 $1,743 26.0x
$474,681 $1,741 23.0x
$514,838 $1,806 24.0x
$532,337 $1,772 25.0x
$192,441 $1,282 13.0x
$458,387 $1,734 22.0x
$346,241 $1,419 20.0x
$446,204 $1,727 22.0x
$318,178 $1,507 18.0x
$472,832 $1,854 21.0x
$508,919 $1,686 25.0x
$276,527 $1,423 16.0x

Home prices

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Monthly rent

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GRM

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Tessman

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Trend Insights

Median Rent in Tessman, MN is $1,846, with MoM change +$18 and YoY change +$92 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 Tessman, MN.

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Metric
Base market Tessman, MN
Compare market Select a market
Delta vs base
Median rent
$1,846
N/A
Median price
$357,409
N/A
YoY change
+$92
N/A
Price-to-rent
16.1x
Data unavailable
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