In June 2021, there were seven homes sold, with a median sale price of $340,000 - a 24.2% increase over the $273,850 median sale price for the same period of the previous year. There were 24 homes sold in New Hope in June 2020.
The median sales tax in New Hope for the most recent year with available data, 2019, was $3,840, approximately 1.1% of the median home sale price for June 2021.
The following table compares New Hope to other Hennepin County cities with similar median sale prices in June 2021:
| City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| St. Louis Park | 15 | 53 | -71.7% | $400,000 | $337,400 | 18.6% |
| Hopkins | 7 | 10 | -30% | $378,500 | $289,850 | 30.6% |
| Mound | 14 | 9 | 55.6% | $352,000 | $315,000 | 11.7% |
| Brooklyn Park | 27 | 85 | -68.2% | $352,000 | $275,000 | 28% |
| Champlin | 8 | 27 | -70.4% | $345,500 | $300,000 | 15.2% |
| New Hope | 7 | 24 | -70.8% | $340,000 | $273,850 | 24.2% |
| Golden Valley | 5 | 26 | -80.8% | $335,000 | $322,500 | 3.9% |
| Minneapolis | 127 | 366 | -65.3% | $332,500 | $306,650 | 8.4% |
| Bloomington | 31 | 69 | -55.1% | $325,000 | $317,000 | 2.5% |
| Medina | 1 | 9 | -88.9% | $325,000 | $480,000 | -32.3% |
| Richfield | 18 | 36 | -50% | $320,700 | $290,350 | 10.5% |
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