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Minnesota State Wire

Friday, September 12, 2025

New Hope home prices rise in June 2018

Re 7

The median sale price of a home sold in June 2018 in New Hope rose by $26,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In June 2018, there were 30 homes sold, with a median sale price of $251,000 - a 11.6% increase over the $225,000 median sale price for the same period of the previous year. There were 45 homes sold in New Hope in June 2017.

The median sales tax in New Hope for the most recent year with available data, 2015, was $2,986, approximately 1.2% of the median home sale price for June 2018.

The following table compares New Hope to other Hennepin County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Maple Plain41300%$273,000$299,900-9%
Minneapolis587614-4.4%$270,500$250,5008%
Richfield4778-39.7%$262,500$239,5009.6%
Champlin3637-2.7%$258,755$246,5005%
Brooklyn Park123128-3.9%$251,000$233,0007.7%
New Hope3045-33.3%$251,000$225,00011.6%
Mound2028-28.6%$247,500$266,250-7%
Crystal4257-26.3%$236,000$211,00011.8%
Osseo45-20%$216,750$202,0007.3%
Brooklyn Center5267-22.4%$212,750$184,00015.6%
Robbinsdale35350%$195,000$219,900-11.3%

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