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New Hope, Minnesota

Why you'd want to live in New Hope, Minnesota

Located about 10 miles Northwest of Downtown Minneapolis, New Hope is a first-ring suburb that’s a great choice for those seeking large city convenience with small town comforts. Currently home to more than 20,000 people, the city’s population is expected to grow to 22,500 by 2030. Back in 1936 when Crystal first became a city, not all residents supported the idea. So the rural residents in the western half of the original township broke away from the city of Crystal and formed their own township, which was named New Hope as a reflection of their ambitious endeavor. Although New Hope eventually incorporated and became a city itself in 1953, it didn’t lose its roots of being a farming-rich community. Its agricultural history can still be seen today through the city’s community gardens and farmer’s market, the only Saturday market in the northwest suburbs, open June through October. The new Hy-Vee store also recently dedicated its own community garden in honor of the daughter of the brand’s co-founder. Sustainability is undoubtedly important to New Hope, and it definitely shows – the city was recently recognized as a “Step 3” Minnesota GreenStep award-winner, one of only 23 cities to receive this honor. via http://rnrrealty.com/blog/new-hope-mn/

New Hope, Minnesota Market Report

$423,948

AVERAGE PRICE OF 55 HOMES

$442,400

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$249,200

AVERAGE PRICE OF 4 HOMES WITH A POOL

$3,587,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$273,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $423,948
Avg Bedrooms 3.25 beds
Avg Bathrooms 1.77 baths

Average Price by Bedrooms

1 bedroom $125,633
2 bedrooms $188,266
3 bedrooms $319,227
4 bedrooms $322,864
5 bedrooms $355,700
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 55 $423,948 64 days
Newly Built Homes 4 $442,400 186 days
Homes with a Pool 4 $249,200 28 days
Multi-Million Dollar Homes 2 $3,587,500 188 days
Reduced Price Homes n/a n/a n/a
Distressed Homes 1 $273,000 18 days
RNR Realty International
Nene Matey-Keke
6524 Walker St Suite 215
St. Louis Park, MN 55426
612-720-2645

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2021Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated November 28, 2021
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