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Minnesota State Wire

Saturday, September 13, 2025

New Hope home prices fall in March 2020

Webp re 6

The median sale price of a home sold in March 2020 in New Hope fell by $5,700 while total sales decreased by 12.5%, according to BlockShopper.com.

In March 2020, there were 14 homes sold, with a median sale price of $253,000 - a 2.2% decrease over the $258,700 median sale price for the same period of the previous year. There were 16 homes sold in New Hope in March 2019.

The median sales tax in New Hope for the most recent year with available data, 2019, was $3,856, approximately 1.5% of the median home sale price for March 2020.

The following table compares New Hope to other Hennepin County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Champlin22220%$287,000$260,00010.4%
Richfield26254%$282,450$264,0007%
Mound711-36.4%$275,000$261,7005.1%
Robbinsdale19185.6%$268,500$245,0009.6%
Brooklyn Park5574-25.7%$264,000$266,250-0.8%
New Hope1416-12.5%$253,000$258,700-2.2%
Maple Plain220%$233,750$261,500-10.6%
Brooklyn Center322814.3%$233,500$213,4509.4%
Osseo10-$227,800$0-
Crystal1926-26.9%$227,000$226,5000.2%
Corcoran31200%$190,000$485,000-60.8%