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 BlockShopper.com.
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:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Richfield | 7 | 21 | -66.7% | $308,000 | $274,000 | 12.4% |
| Minneapolis | 118 | 244 | -51.6% | $304,388.50 | $278,700 | 9.2% |
| Hopkins | 3 | 14 | -78.6% | $297,000 | $212,500 | 39.8% |
| Bloomington | 21 | 46 | -54.3% | $283,750 | $299,900 | -5.4% |
| Brooklyn Park | 20 | 62 | -67.7% | $278,999.50 | $245,000 | 13.9% |
| Brooklyn Center | 11 | 17 | -35.3% | $275,000 | $195,000 | 41% |
| New Hope | 7 | 9 | -22.2% | $273,500 | $249,900 | 9.4% |
| Robbinsdale | 9 | 21 | -57.1% | $273,000 | $207,500 | 31.6% |
| Maple Grove | 16 | 48 | -66.7% | $258,500 | $324,500 | -20.3% |
| Crystal | 7 | 15 | -53.3% | $246,600 | $220,450 | 11.9% |
| Greenfield | 1 | 2 | -50% | $195,000 | $385,500 | -49.4% |
Alerts Sign-up