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Minnesota State Wire

Friday, September 12, 2025

New Hope home prices rise in July 2017

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The median sale price of a home sold in July 2017 in New Hope rose by $20,000 while total sales decreased by 37.8%, according to BlockShopper.com.

In July 2017, there were 23 homes sold, with a median sale price of $243,000 - a 9% increase over the $223,000 median sale price for the same period of the previous year. There were 37 homes sold in New Hope in July 2016.

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 July 2017.

The following table compares New Hope to other Hennepin County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Rogers18180%$267,500$286,250-6.6%
Maple Plain14-75%$265,000$225,00017.8%
Bloomington104119-12.6%$265,000$245,0008.2%
Osseo5366.7%$260,000$223,00016.6%
Minneapolis510560-8.9%$248,000$239,9003.4%
New Hope2337-37.8%$243,000$223,0009%
Richfield5258-10.3%$242,250$228,5006%
Champlin4456-21.4%$240,000$230,4154.2%
Brooklyn Park106119-10.9%$239,000$220,0008.6%
Hopkins2331-25.8%$236,000$225,0004.9%
Crystal3747-21.3%$215,000$184,00016.8%

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