In May 2019, there were 28 homes sold, with a median sale price of $264,000 - a 10.7% increase over the $238,450 median sale price for the same period of the previous year. There were 32 homes sold in New Hope in May 2018.
The median sales tax in New Hope for the most recent year with available data, 2015, was $2,986, approximately 1.1% of the median home sale price for May 2019.
The following table compares New Hope to other Hennepin County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bloomington | 147 | 97 | 51.5% | $288,000 | $278,000 | 3.6% |
| Osseo | 2 | 1 | 100% | $279,950 | $200,000 | 40% |
| Long Lake | 3 | 3 | 0% | $278,000 | $255,000 | 9% |
| Mound | 24 | 15 | 60% | $271,575 | $280,000 | -3% |
| Champlin | 38 | 24 | 58.3% | $268,750 | $287,500 | -6.5% |
| New Hope | 28 | 32 | -12.5% | $264,000 | $238,450 | 10.7% |
| Brooklyn Park | 139 | 108 | 28.7% | $257,000 | $258,000 | -0.4% |
| Maple Plain | 2 | 2 | 0% | $250,000 | $184,900 | 35.2% |
| Robbinsdale | 35 | 31 | 12.9% | $239,900 | $219,000 | 9.5% |
| Crystal | 55 | 38 | 44.7% | $205,000 | $208,500 | -1.7% |
| Brooklyn Center | 45 | 44 | 2.3% | $205,000 | $216,100 | -5.1% |
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