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Hopkins Commercial Historic DistrictHopkins Commercial Historic District · Photo: Tim Kiser (w:User:Malepheasant) · CC BY-SA 2.5
Housing in Hopkins

160 homes sold in Hopkins in the last year, at a typical $372K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hopkins homes are listed.

Homes sold
160
October 2025 to September 2026
Typical sale price
$372K
houses $415K · condos $148K (year to May 2026)
Price per square foot
$226
Minnesota $189
Paid vs. asking
99.3%
32% sold over asking
For sale now
42
September 2026 · 13 sold that month
What sold · last 12 months

15% of Hopkins’ sales are condos, at $267K less than a house

98 houses and 25 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$415K

typical sale · 98 sold in the year to May 2026

Per square foot
$244MN $191
Days to sell
20
Sold over asking
42%
Listings with a price cut
35%
Condos$148K

typical sale · 25 sold in the year to May 2026

Per square foot
$165MN $205
Days to sell
81
Sold over asking
12%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 16 sold, typical $459K
Townhouses: 24 sold, typical $290K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

160 sales in the last year, against 298 in 2016 and a low of 187 in 2025. The typical sale went from $225K in 2016 to $372K.

Homes soldTypical sale price
075150225300$175K$250K$325K$400K2012: 236 sold, typical $165K’122013: 240 sold, typical $186K2014: 217 sold, typical $191K’142015: 260 sold, typical $210K2016: 298 sold, typical $225K’162017: 298 sold, typical $227K2018: 257 sold, typical $253K’182019: 279 sold, typical $267K2020: 232 sold, typical $296K’202021: 270 sold, typical $315K2022: 218 sold, typical $318K’222023: 201 sold, typical $318K2024: 191 sold, typical $370K’242025: 187 sold, typical $376KLast 12 months: 160 sold, typical $372KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Hopkins

Houseat $244 a sq ft, year to May 2026
Condoat $165 a sq ft, year to May 2026
The same money in Minnesotaat $191 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Hopkins homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Hopkins are rarer than before the pandemic, with about as many homes for sale

We read every month of Hopkins’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 160 sales.

If you’re buying in Hopkins

  • Shop in August. It brings about 26 new listings a month, close to the busiest month, with fewer bidding wars (38% over asking).
  • Bid near asking. Buyers paid 99.3% of the list price on average; 32% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 31 a month), and the most competition: 50% close over asking. August offers nearly as much choice with fewer homes bid up (38%). December has the least competition (23%) but only about 8 new listings.

New listings a monthShare sold over asking
08.817.526.33520%40%60%Sweet spotJan: 13 new listings a month, 24% sold over asking, 48 days to sellJFeb: 18 new listings a month, 31% sold over asking, 38 days to sellFMar: 26 new listings a month, 45% sold over asking, 24 days to sellMApr: 27 new listings a month, 49% sold over asking, 19 days to sellAMay: 30 new listings a month, 49% sold over asking, 16 days to sellMJun: 31 new listings a month, 50% sold over asking, 17 days to sellJJul: 27 new listings a month, 48% sold over asking, 19 days to sellJAug: 26 new listings a month, 38% sold over asking, 22 days to sellASep: 24 new listings a month, 40% sold over asking, 22 days to sellSOct: 20 new listings a month, 30% sold over asking, 22 days to sellONov: 14 new listings a month, 29% sold over asking, 34 days to sellNDec: 8 new listings a month, 23% sold over asking, 40 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Minnesota as a whole

Hopkins now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price32%38%51%29%
Gone within two weeksShare of homes under contract within 14 days46%59%56%40%
Price paid vs. askingAverage sale price ÷ list price99.3%100%101.3%99%
Days to sellMedian days from listing to contract36241638
Supply

35 homes for sale on a typical day

That’s 2.2 times the 2022 low (15), about the 2017–19 level and well under 2012’s 92.

2012: 92 for sale’122013: 74 for sale2014: 56 for sale2015: 60 for sale’152016: 47 for sale2017: 36 for sale2018: 29 for sale’182019: 31 for sale2020: 23 for sale2021: 22 for sale’212022: 15 for sale2023: 20 for sale2024: 28 for sale’242025: 31 for saleLast 12 months: 35 for saleNow
Prices by type

Since 2019, houses are up 28%, condos 18%

A house typically sold for $415K in the year to May 2026 (98 sales), a condo for $148K (25).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $226K, 131 salesHouses 2014: $216K, 121 salesHouses 2015: $245K, 151 salesHouses 2016: $252K, 169 salesHouses 2017: $283K, 147 salesHouses 2018: $295K, 130 salesHouses 2019: $325K, 134 salesHouses 2020: $339K, 122 salesHouses 2021: $400K, 125 salesHouses 2022: $370K, 117 salesHouses 2023: $415K, 104 salesHouses 2024: $442K, 100 salesHouses 2025: $410K, 113 salesHouses last 12 months: $415K, 98 salesHouses $415KCondos 2013: $69K, 54 salesCondos 2014: $85K, 49 salesCondos 2015: $84K, 48 salesCondos 2016: $103K, 61 salesCondos 2017: $101K, 67 salesCondos 2018: $105K, 63 salesCondos 2019: $126K, 74 salesCondos 2020: $127K, 50 salesCondos 2021: $148K, 82 salesCondos 2022: $145K, 54 salesCondos 2023: $158K, 46 salesCondos 2024: $148K, 51 salesCondos 2025: $135K, 36 salesCondos last 12 months: $148K, 25 salesCondos $148K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Minnesota

Hopkins ranks 78th of 165 busy Minnesota markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Hopkins is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Hopkins home costs about $2,337 a month

Mortgage
Property tax
Insurance
Rent

Price: Hopkins’ typical sale, last 12 months. Property tax at Hopkins’ 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hopkins is affordable on local pay is on Cost of living.

Before you buy in Hopkins

Six things worth knowing

31

New listings in June

The month with the most choice. December has the fewest, about 8.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $372K home, about $4,760 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Hopkins, from test results, graduation and how much students grow.

Schools in Hopkins
19 min

Typical commute

The average one-way trip to work for people who live in Hopkins.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Golden Valley and Eden Prairie sell for less a square foot; Deephaven for far more

The busier markets within 25 miles of Hopkins, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Edina800$715K$27927%30
Minnetonka780$507K$22833%26
Eden Prairie775$505K$21036%28
St. Louis Park756$399K$24040%24
Golden Valley318$470K$21837%26
Hopkins160$372K$22632%36
Deephaven47$1.3M$32811%41

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Hopkins, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hopkins. People who follow the town see it, and so do people comparing Hopkins with their own town. No commission, no listing fee.

Questions about buying a home in Hopkins

What do homes sell for in Hopkins, MN?

160 homes sold in the year to September 2026 at a typical $372K, $226 a square foot. Houses sold for about $415K, condos for about $148K in the year to May 2026.

Is Hopkins a buyer’s or seller’s market?

A seller’s market: 42 homes were for sale in September 2026 and 13 sold, about 3.2 months of supply. Buyers paid 99.3% of asking on average.

When is the best time to buy in Hopkins?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Hopkins?

About 1.3% of a home’s value a year. On a $372K home that’s near $4,760.

Where can I see homes for sale in Hopkins?

Zillow, Redfin, Realtor.com and Homes.com all carry Hopkins’ MLS listings; the search links above open each one filtered to Hopkins.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).