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Minnesota State Wire

Friday, September 12, 2025

Falling home prices in New Hope in November 2021

Webp re 8

The median sale price of a home sold in November 2021 in New Hope fell by $13,600 while total sales increased by 175%, according to BlockShopper.com.

In November 2021, there were 11 homes sold, with a median sale price of $319,900 - a 4.1% decrease over the $333,500 median sale price for the same period of the previous year. There were four homes sold in New Hope in November 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 November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
St. Anthony110%$346,000$274,00026.3%
Maple Grove3015100%$335,000$334,9000%
Minneapolis1421410.7%$332,500$322,0003.3%
Brooklyn Park442391.3%$323,750$275,00017.7%
Mound104150%$320,000$278,42514.9%
New Hope114175%$319,900$333,500-4.1%
Richfield161145.5%$315,000$285,00010.5%
Excelsior20-$297,833.50$0-
Robbinsdale10742.9%$284,150$265,0007.2%
Osseo40-$280,250$0-
Brooklyn Center2010100%$265,000$222,00019.4%

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