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Minnesota State Wire

Tuesday, November 5, 2024

Home prices increased in New Hope during September 2021

Re 13

The median sale price of a home sold in September 2021 in New Hope rose by $19,250 while total sales increased by 25%, according to BlockShopper.com.

In September 2021, there were 15 homes sold, with a median sale price of $310,000 - a 6.6% increase over the $290,750 median sale price for the same period of the previous year. There were 12 homes sold in New Hope in September 2020.

The median sales tax in New Hope for the most recent year with available data, 2019, was $3,840, approximately 1.2% of the median home sale price for September 2021.

The following table compares New Hope to other Hennepin County cities with similar median sale prices in September 2021:

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Mound990%$339,000$395,000-14.2%
St. Louis Park2636-27.8%$330,750$343,425-3.7%
Champlin1824-25%$330,000$284,50016%
Richfield2327-14.8%$325,000$289,00012.5%
Minneapolis195293-33.4%$322,500$314,0002.7%
Brooklyn Park4056-28.6%$320,000$293,0009.2%
Osseo42100%$312,500$2,173,750-85.6%
New Hope151225%$310,000$290,7506.6%
Robbinsdale1524-37.5%$290,000$276,5004.9%
Crystal24229.1%$276,750$244,00013.4%
Brooklyn Center26260%$261,000$235,75010.7%

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