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Minnesota State Wire

Friday, September 12, 2025

New Hope home prices rise in March 2018

Realestate2

The median sale price of a home sold in March 2018 in New Hope rose by $2,750 while total sales decreased by 5%, according to BlockShopper.com.

In March 2018, there were 19 homes sold, with a median sale price of $237,000 - a 1.2% increase over the $234,250 median sale price for the same period of the previous year. There were 20 homes sold in New Hope in March 2017.

The median sales tax in New Hope for the most recent year with available data, 2015, was $2,986, approximately 1.3% of the median home sale price for March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Bloomington7181-12.3%$263,000$254,0003.5%
Minneapolis401402-0.2%$260,000$218,95018.7%
Loretto30-$253,000$0-
Champlin1832-43.8%$252,500$234,7507.6%
Maple Plain21100%$239,000$211,00013.3%
New Hope1920-5%$237,000$234,2501.2%
Richfield3846-17.4%$235,000$245,827-4.4%
Brooklyn Park76102-25.5%$227,500$219,0003.9%
Crystal3739-5.1%$222,500$202,5009.9%
Robbinsdale1926-26.9%$222,000$220,0500.9%
Brooklyn Center2835-20%$193,050$175,00010.3%

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