New Hope Real Estate Market

New Hope Market

The median sale price for homes in New Hope over the last 12 months is $150,000.


The median mortgage debt is $127,399.

Additional Statistics for Single Family Homes and Condos in New Hope, MN
$159,430
Median Listing Price
45
Median Days on Market
64
Active Listings
43.8%
Distressed Listings
(foreclosures and short sales)
New Hope, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in New Hope is $189,900.

The price per square foot for listings in this area is $91.

The median sale price in January for single family homes is $212,000. The sale prices increased by 42.32% from the previous month.

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New Hope, MN Market Inventory Trends

The number of active listings in New Hope increased by 10.9% from the previous month.

The median number of days active properties have been listed is 40. This is significantly shorter than the national average.

The number of sales in January dropped by 90% from the previous month.

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New Hope, MN Property Ownership

The percent of unoccupied properties is very low in New Hope. It is -8.97% below the national average.

The percent of rental properties in New Hope is 20.92% above the national average which is typical for urban areas.

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