The median sale price of a home sold in the first quarter of 2017 in Hopkins rose by $13,425 while total sales increased by 19%, according to BlockShopper.com.
From January through March of 2017, there were 50 homes sold, with a median sale price of $241,625 – a 5.9% increase over the $228,200 median sale price for the same period of the previous year. There were 42 homes sold in Hopkins in the first quarter of 2016.
The median sales tax in Hopkins for the most recent year with available data, 2015, was $3,387, approximately 1.4% of the median home sale price for the first quarter of 2017.
The following table compares Hopkins to other Hennepin County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. – Mar. 2017 Home Sales | Jan. – Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. – Mar. 2017 Median Sales Price | Jan. – Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Loretto | 1 | 3 | -66.7% | $290,000 | $258,500 | 12.2% |
| Long Lake | 3 | 6 | -50% | $280,000 | $257,250 | 8.8% |
| Maple Grove | 176 | 248 | -29% | $266,250 | $257,181.50 | 3.5% |
| St. Louis Park | 114 | 153 | -25.5% | $254,000 | $233,400 | 8.8% |
| St. Anthony | 15 | 11 | 36.4% | $247,500 | $240,000 | 3.1% |
| Hopkins | 50 | 42 | 19% | $241,625 | $228,200 | 5.9% |
| Bloomington | 184 | 197 | -6.6% | $240,000 | $227,000 | 5.7% |
| Champlin | 66 | 64 | 3.1% | $225,500 | $196,988.50 | 14.5% |
| Richfield | 110 | 108 | 1.9% | $223,450 | $210,000 | 6.4% |
| Minneapolis | 971 | 1,056 | -8% | $218,000 | $191,750 | 13.7% |
| Osseo | 5 | 3 | 66.7% | $216,500 | $180,000 | 20.3% |
