New Hope home prices rose in January 2021

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The median sale price of a home sold in January 2021 in New Hope rose by $23,600 while total sales decreased by 22.2%, according to

In January 2021, there were seven homes sold, with a median sale price of $273,500 - a 9.4% increase over the $249,900 median sale price for the same period of the previous year. There were nine homes sold in New Hope in January 2020.

The median sales tax in New Hope for the most recent year with available data, 2019, was $3,840, approximately 1.4% of the median home sale price for January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Brooklyn Park2062-67.7%$278,999.50$245,00013.9%
Brooklyn Center1117-35.3%$275,000$195,00041%
New Hope79-22.2%$273,500$249,9009.4%
Maple Grove1648-66.7%$258,500$324,500-20.3%

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