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Minnesota State Wire

Wednesday, November 6, 2024

Hopkins home prices rise in July 2020

Realestate3

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The median sale price of a home sold in July 2020 in Hopkins rose by $8,468 while total sales decreased by 60%, according to BlockShopper.com.

In July 2020, there were 10 homes sold, with a median sale price of $309,468 - a 2.8% increase over the $301,000 median sale price for the same period of the previous year. There were 25 homes sold in Hopkins in July 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 July 2020.

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

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
St. Anthony610-40%$340,500$400,000-14.9%
Maple Grove57142-59.9%$340,000$362,000-6.1%
Maple Plain15-80%$335,000$265,00026.4%
Mound1522-31.8%$319,900$295,0008.4%
Bloomington56139-59.7%$310,000$299,9003.4%
Hopkins1025-60%$309,467.50$301,0002.8%
Minneapolis232596-61.1%$304,062$281,3258.1%
New Hope1430-53.3%$299,950$263,70013.7%
Richfield2479-69.6%$295,000$276,0006.9%
Brooklyn Park67123-45.5%$293,000$269,9008.6%
Dayton6520%$278,000$424,500-34.5%

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