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Minnesota State Wire

Saturday, September 13, 2025

Falling home prices in Hopkins in July 2021

Webp re 10

The median sale price of a home sold in July 2021 in Hopkins fell by $55,000 while total sales decreased by 63.6%, according to BlockShopper.com.

In July 2021, there were four homes sold, with a median sale price of $262,000 - a 17.4% decrease over the $317,000 median sale price for the same period of the previous year. There were 11 homes sold in Hopkins in July 2020.

The median sales tax in Hopkins for the most recent year with available data, 2019, was $4,455, approximately 1.7% of the median home sale price for July 2021.

The following table compares Hopkins to other Hennepin County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Minneapolis103360-71.4%$342,016$310,00010.3%
Brooklyn Park2491-73.6%$335,500$295,00013.7%
Osseo110%$315,000$196,15060.6%
Richfield1138-71.1%$308,000$298,8003.1%
Dayton38-62.5%$305,000$272,50011.9%
Brooklyn Center1537-59.5%$295,000$235,00025.5%
Crystal626-76.9%$275,000$264,0004.2%
Robbinsdale718-61.1%$275,000$251,1509.5%
Hopkins411-63.6%$262,000$317,000-17.4%
Long Lake71600%$240,700$205,00017.4%
Rogers18-87.5%$222,000$342,000-35.1%