From July through September of 2019, there were 67 homes sold, with a median sale price of $280,000 - a 3.7% increase over the $270,000 median sale price for the same period of the previous year. There were 68 homes sold in Hopkins in the third quarter of 2018.
The median sales tax in Hopkins for the most recent year with available data, 2015, was $3,387, approximately 1.2% of the median home sale price for the third quarter of 2019.
The following table compares Hopkins to other Hennepin County cities with similar median sales prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| St. Louis Park | 208 | 256 | -18.8% | $314,500 | $305,000 | 3.1% |
| Long Lake | 14 | 8 | 75% | $296,750 | $337,750 | -12.1% |
| Bloomington | 360 | 369 | -2.4% | $293,600 | $275,000 | 6.8% |
| Minneapolis | 1,583 | 1,725 | -8.2% | $282,000 | $259,900 | 8.5% |
| Champlin | 116 | 100 | 16% | $280,500 | $260,000 | 7.9% |
| Hopkins | 67 | 68 | -1.5% | $280,000 | $270,000 | 3.7% |
| Richfield | 177 | 174 | 1.7% | $279,500 | $250,000 | 11.8% |
| Maple Plain | 8 | 1 | 700% | $267,500 | $207,500 | 28.9% |
| Loretto | 6 | 5 | 20% | $265,750 | $229,900 | 15.6% |
| New Hope | 82 | 94 | -12.8% | $262,700 | $240,000 | 9.5% |
| Brooklyn Park | 330 | 371 | -11.1% | $260,500 | $245,000 | 6.3% |
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