Photo: Widgetkid · CC BY-SA 4.0244 homes sold in New Hope in the last year, at a typical $360K
Almost every sale is a house. 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 New Hope homes are listed.
Every place New Hope homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Hope.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
8% of New Hope’s sales are condos, at $218K less than a house
208 houses and 19 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 208 sold in 12 months
- Per square foot
- $194MN $191
- Days to sell
- 21
- Sold over asking
- 54%
- Listings with a price cut
- 30%
typical sale · 19 sold in 12 months
- Per square foot
- $158MN $205
- Days to sell
- 104
- Sold over asking
- 11%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 9 sold, typical $451K
Townhouses: 8 sold, typical $257K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.7 times the 2016 price
244 sales in the last year, against 375 in 2021 and a low of 191 in 2023. The typical sale went from $218K in 2016 to $360K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in New Hope
Check a listing against what New Hope 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.
Bidding wars in New Hope are back to pre-pandemic levels, and more homes are for sale
We read every month of New Hope’s 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 May 2026, 244 sales.
If you’re buying in New Hope
- Shop in August. It brings about 31 new listings a month, close to the busiest month, with fewer bidding wars (48% over asking).
- Some room to negotiate. 30% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 101% of the list price on average; 50% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 38 a month), but June is the most competitive: 57% of June sales close over asking. August offers nearly as much choice with fewer homes bid up (48%). January has the least competition (35%) but only about 17 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Minnesota
| New Hope now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 50% | 45% | 69% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 49% | 56% | 66% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 30% | 36% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 101% | 100.5% | 104% | 99.2% |
| Days to sellMedian days from listing to contract | 24 | 26 | 16 | 35 |
38 homes for sale on a typical day
That’s 2.2 times the 2023 low (17), 17% more than in 2017–19 and well under 2012’s 82.
1 in 3 listings has cut its price
30% in the last year, against 30% in 2017–19 and 28% across Minnesota.
Since 2019, houses are up 36%, condos 22%
A house typically sold for $364K in the last year (208 sales), a condo for $147K (19).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
New Hope ranks 4th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New Hope is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New Hope home costs about $2,268 a month
Price: New Hope’s typical sale, last 12 months. Property tax at New Hope’s 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 New Hope is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 9.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $360K home, about $4,670 a year.
Taxes vs. neighborsSchools
The schools grade for New Hope, from test results, graduation and how much students grow.
Schools in New HopeTypical commute
The average one-way trip to work for people who live in New Hope.
Work & commuteCheck 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 hazardsLook 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.
Brooklyn Center and Brooklyn Park sell for less a square foot
The busier markets within 25 miles of New Hope, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Plymouth | 1,030 | $499K | $207 | 34% | 30 |
| Brooklyn Park | 841 | $350K | $179 | 44% | 28 |
| Crystal | 317 | $326K | $193 | 53% | 20 |
| Brooklyn Center | 296 | $305K | $174 | 46% | 26 |
| Golden Valley | 285 | $465K | $214 | 40% | 22 |
| New Hope | 244 | $360K | $190 | 50% | 24 |
| Robbinsdale | 196 | $330K | $197 | 56% | 19 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Hope, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Hope. People who follow the town see it, and so do people comparing New Hope with their own town. No commission, no listing fee.
Questions about buying a home in New Hope
What do homes sell for in New Hope, MN?
244 homes sold in the year to May 2026 at a typical $360K, $190 a square foot. Houses sold for about $364K, condos for about $147K.
Is New Hope a buyer’s or seller’s market?
A seller’s market: 36 homes were for sale in May 2026 and 27 sold, about 1.3 months of supply. Buyers paid 101% of asking on average, and 30% of listings cut their price.
When is the best time to buy in New Hope?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New Hope?
About 1.3% of a home’s value a year. On a $360K home that’s near $4,670.
Where can I see homes for sale in New Hope?
Zillow, Redfin, Realtor.com and Homes.com all carry New Hope’s MLS listings; the search links above open each one filtered to New Hope.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).