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South Hennepin News

Friday, September 12, 2025

Hopkins home prices rise in 2018

Webp re 14

The median sale price of a home sold in 2018 in Hopkins rose by $26,495 while total sales decreased by 3.6%, according to BlockShopper.com.

From January through December of 2018, there were 213 homes sold, with a median sale price of $274,495 - a 10.7% increase over the $248,000 median sale price for the previous year. There were 221 homes sold in Hopkins in 2017.

The median sales tax in Hopkins for the most recent year with available data, 2015, was $3,387, approximately 1.2% of the median home sale price for 2018.

The following table compares Hopkins to other Hennepin County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Golden Valley41636115.2%$310,000$314,000-1.3%
Maple Grove1,1691,1135%$303,000$285,0006.3%
Long Lake3031-3.2%$300,000$303,000-1%
Spring Park1314-7.1%$300,000$414,275-27.6%
St. Louis Park84868523.8%$300,000$275,0009.1%
Hopkins213221-3.6%$274,495$248,00010.7%
Medicine Lake4333.3%$273,500$415,000-34.1%
Bloomington1,2141,06414.1%$268,000$255,2005%
Champlin3453265.8%$255,000$242,5005.2%
Minneapolis5,9525,22413.9%$255,000$237,0007.6%
Mound221243-9.1%$255,000$240,0006.3%

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