Coming soon
#6753421, Listing office: Ruby Realty
New Hope Housing Market Report June 2025•Hennepin County, Minnesota
Housing Prices in New Hope, MN
How much do homes in New Hope, MN cost?
Housing Market Conditions
Is New Hope, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Hope is a Seller's Market
Difference Since June 2024
Since last year, New Hope has remained a Seller's Market.
Insight
New Hope is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$351,000$189/SqFt
+$14,250
+4.2%
Based on all homes sold in the last 12 months
Insight
Homes in New Hope have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in New Hope was $351,000 in June 2025, up 4.2% from last year, and the median price per square foot was $189.
Median Sold Price By Cities
| City | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| New Hope | $336.7K | $351K | +4.2% |
| Brooklyn Park | $335K | $345K | +3.0% |
| Crystal | $312.5K | $317K | +1.4% |
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $126.9K | $114K | -10.2% |
| 22 Bedrooms | $255K | $182.5K | -28.4% |
| 33 Bedrooms | $330K | $349.9K | +6.0% |
| 44 Bedrooms | $354.9K | $389.9K | +9.9% |
| 55+ Bedrooms | $389.4K | $414.1K | +6.3% |
Summary: New Hope housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -10.2%. The home price for 2 bedroom homes decreased by -28.4%. The home price for 3 bedroom homes increased by +6.0%. The home price for 4 bedroom homes increased by +9.9%. The home price for 5 bedroom homes increased by +6.3%.
How does New Hope, MN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Hope, MN
Housing supply in New Hope, MN
How many homes are available in New Hope, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 90Last MonthJun 2025 | ||
| 822 months agoMay 2025 | +9.8 % Change MoMMay – Jun |
Summary: The New Hope real estate market had 90 homes for sale in Jun 2025, a 9.8 % increase compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthJun 2025 | ||
| 252 months agoMay 2025 | +24.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 5 | +66.7% |
| 22 Bedrooms | 9 | 15 | +66.7% |
| 33 Bedrooms | 40 | 38 | -5.0% |
| 44 Bedrooms | 26 | 26 | 0.0% |
| 55+ Bedrooms | 4 | 6 | +50.0% |
Summary: New Hope housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +66.7%. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes decreased by -5.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in New Hope, MN cost?
Over Asking Price22 Homes
At Asking Price5 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in New Hope, you could pay more than the asking price. 71% of homes here sold above asking price last month.
Summary: A total of 31 homes were sold or pending in New Hope in June 2025, up by 24.0% month-over-month. Of the 31 sold homes, 13% were sold under asking, 16% were sold at asking, and and 71% were sold over asking.
Days on Market for New Hope, MN
How long does it take to sell a home in New Hope, MN?
Breakdown of Home Sale Times
Under 30 Days27 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in New Hope are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 31 homes were sold in New Hope; 87% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 12 DaysThis YearJun 2025 | ||
| 18 Days1 year agoJun 2024 | -33.5 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in New Hope had an average listing age of 12 days in Jun 2025, down by 33.5% compared to the previous year.
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Newest Listings in New Hope, MN
What homes are available in New Hope, MN?
5 days on Rocket
#6752245, Listing office: Keller Williams Realty Integrity Lakes
Coming soon
#6750960, Listing office: Coldwell Banker Realty
#6749869, Listing office: RE/MAX Advantage Plus
#6745930, Listing office: Edina Realty, Inc.
#6748163, Listing office: Assembly MN LLC
#6743844, Listing office: Keller Williams Preferred Rlty
#6746542, Listing office: RE/MAX Results
#6746553, Listing office: RE/MAX Results
#6744798, Listing office: Keller Williams Premier Realty Lake Minnetonka
#6744592, Listing office: USA Dream Home Realty Inc
#6735345, Listing office: Keller Williams Premier Realty Lake Minnetonka
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 07/01/2023 - 07/01/2025
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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Last updated on: 7/14/2025, 7:37:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.