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Minnesota State Wire

Sunday, September 14, 2025

Hopkins home prices rise in May 2020

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The median sale price of a home sold in May 2020 in Hopkins rose by $7,500 while total sales decreased by 76%, according to BlockShopper.com.

In May 2020, there were six homes sold, with a median sale price of $322,500 - a 2.4% increase over the $315,000 median sale price for the same period of the previous year. There were 25 homes sold in Hopkins in May 2019.

The median sales tax in Hopkins for the most recent year with available data, 2019, was $4,455, approximately 1.4% of the median home sale price for May 2020.

The following table compares Hopkins to other Hennepin County cities with similar median sales prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Eden Prairie3484-59.5%$365,750$436,000-16.1%
Plymouth39114-65.8%$360,200$384,550-6.3%
St. Louis Park3893-59.1%$340,500$299,00013.9%
Deephaven17-85.7%$325,000$975,000-66.7%
Maple Grove50110-54.5%$324,250$306,4505.8%
Hopkins625-76%$322,500$315,0002.4%
Minneapolis259568-54.4%$304,000$292,0004.1%
New Hope929-69%$300,000$268,00011.9%
Dayton34-25%$300,000$353,450-15.1%
Osseo12-50%$287,550$279,9502.7%
Bloomington42145-71%$286,450$288,557-0.7%

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