From July through September of 2021, there were 58 homes sold, with a median sale price of $320,000 - a 8.5% increase over the $295,000 median sale price for the same period of the previous year. There were 45 homes sold in New Hope in the third quarter of 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 the third quarter of 2021.
The following table compares New Hope to other Hennepin County cities with similar median sale prices in the third quarter of 2021:
| City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hopkins | 36 | 36 | 0% | $347,500 | $327,750 | 6% |
| Champlin | 90 | 61 | 47.5% | $345,000 | $290,000 | 19% |
| Minneapolis | 981 | 1,003 | -2.2% | $330,000 | $316,000 | 4.4% |
| Richfield | 107 | 92 | 16.3% | $325,000 | $297,500 | 9.2% |
| Brooklyn Park | 230 | 213 | 8% | $320,250 | $286,500 | 11.8% |
| New Hope | 58 | 45 | 28.9% | $320,000 | $295,000 | 8.5% |
| Osseo | 9 | 6 | 50% | $310,000 | $264,083 | 17.4% |
| Long Lake | 12 | 4 | 200% | $305,000 | $389,950 | -21.8% |
| Crystal | 92 | 74 | 24.3% | $280,000 | $254,250 | 10.1% |
| Brooklyn Center | 100 | 91 | 9.9% | $275,250 | $237,000 | 16.1% |
| Robbinsdale | 79 | 51 | 54.9% | $275,000 | $265,000 | 3.8% |
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