The median sale price of a home sold in January 2020 in New Hope rose by $12,450 while total sales decreased by 60%, according to BlockShopper.com.
In January 2020, there were six homes sold, with a median sale price of $252,450 - a 5.2% increase over the $240,000 median sale price for the same period of the previous year. There were 15 homes sold in New Hope in January 2019.
The median sales tax in New Hope for the most recent year with available data, 2015, was $2,986, approximately 1.2% of the median home sale price for January 2020.
The following table compares New Hope to other Hennepin County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mound | 9 | 14 | -35.7% | $300,000 | $239,750 | 25.1% |
| Minneapolis | 188 | 322 | -41.6% | $286,500 | $249,950 | 14.6% |
| Long Lake | 1 | 2 | -50% | $285,000 | $520,000 | -45.2% |
| Richfield | 21 | 26 | -19.2% | $274,000 | $226,500 | 21% |
| Champlin | 18 | 15 | 20% | $264,950 | $264,000 | 0.4% |
| New Hope | 6 | 15 | -60% | $252,450 | $240,000 | 5.2% |
| Hopkins | 10 | 8 | 25% | $245,625 | $314,500 | -21.9% |
| Brooklyn Park | 45 | 68 | -33.8% | $245,000 | $231,500 | 5.8% |
| Rogers | 5 | 9 | -44.4% | $233,750 | $361,000 | -35.2% |
| Orono | 3 | 8 | -62.5% | $233,500 | $488,000 | -52.2% |
| Crystal | 13 | 21 | -38.1% | $220,450 | $200,000 | 10.2% |
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