Quantcast

Minnesota State Wire

Friday, September 12, 2025

New Hope home prices rise in January 2018

Re 4

The median sale price of a home sold in January 2018 in New Hope rose by $1,665 while total sales increased by 175%, according to BlockShopper.com.

In January 2018, there were 22 homes sold, with a median sale price of $216,500 - a 0.8% increase over the $214,835 median sale price for the same period of the previous year. There were eight homes sold in New Hope in January 2017.

The median sales tax in New Hope for the most recent year with available data, 2015, was $2,986, approximately 1.4% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Richfield292611.5%$232,500$212,8259.2%
Mound812-33.3%$231,950$185,50025%
Loretto110%$230,500$290,000-20.5%
Minneapolis3173015.3%$229,900$221,8003.7%
Brooklyn Park58571.8%$224,000$182,90022.5%
Dayton25-60%$219,500$200,0009.8%
New Hope228175%$216,500$214,8350.8%
Robbinsdale211361.5%$207,500$165,00025.8%
Crystal2331-25.8%$206,000$173,50018.7%
Brooklyn Center2737-27%$195,000$169,00015.4%
Maple Plain21100%$125,250$210,000-40.4%

MORE NEWS