In December 2020, there were five homes sold, with a median sale price of $305,000 - a 19.8% increase over the $254,500 median sale price for the same period of the previous year. There were 15 homes sold in New Hope in December 2019.
The median sales tax in New Hope for the most recent year with available data, 2019, was $3,840, approximately 1.3% of the median home sale price for December 2020.
The following table compares New Hope to other Hennepin County cities with similar median sale prices in December 2020:
| City | Dec. 2020 Home Sales | Dec. 2019 Home Sales | % change (Total Home Sales) | Dec. 2020 Median Sales Price | Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Golden Valley | 2 | 23 | -91.3% | $342,500 | $375,000 | -8.7% |
| St. Louis Park | 3 | 51 | -94.1% | $325,000 | $330,000 | -1.5% |
| Rogers | 2 | 3 | -33.3% | $320,000 | $335,000 | -4.5% |
| Bloomington | 9 | 75 | -88% | $319,869 | $310,000 | 3.2% |
| St. Anthony | 1 | 1 | 0% | $319,000 | $308,000 | 3.6% |
| New Hope | 5 | 15 | -66.7% | $305,000 | $254,500 | 19.8% |
| Richfield | 5 | 36 | -86.1% | $300,000 | $256,000 | 17.2% |
| Excelsior | 1 | 2 | -50% | $300,000 | $582,500 | -48.5% |
| Champlin | 5 | 36 | -86.1% | $290,000 | $257,450 | 12.6% |
| Brooklyn Park | 8 | 72 | -88.9% | $285,000 | $246,000 | 15.9% |
| Crystal | 2 | 20 | -90% | $266,950 | $217,250 | 22.9% |
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