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North Hennepin News

Tuesday, November 26, 2024

New Hope home prices fall in November 2019

Re 12

The median sale price of a home sold in November 2019 in New Hope fell by $8,000 while total sales decreased by 29%, according to BlockShopper.com.

In November 2019, there were 22 homes sold, with a median sale price of $246,000 - a 3.1% decrease over the $254,000 median sale price for the same period of the previous year. There were 31 homes sold in New Hope in November 2018.

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 November 2019.

The following table compares New Hope to other Hennepin County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Mound1220-40%$267,450$240,00011.4%
Richfield4654-14.8%$264,000$258,0502.3%
Champlin2037-45.9%$259,000$245,0005.7%
Brooklyn Park62110-43.6%$255,000$235,2508.4%
Osseo31200%$255,000$150,00070%
New Hope2231-29%$246,000$254,000-3.1%
Maple Plain30-$245,000$0-
Crystal3544-20.5%$240,000$214,00012.1%
Spring Park31200%$232,000$420,000-44.8%
Brooklyn Center2849-42.9%$231,905$200,00016%
Robbinsdale2032-37.5%$224,950$225,450-0.2%

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