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Sunday, April 20, 2025

Hopkins home prices rise in the fourth quarter of 2018

Webp realestate5

The median sale price of a home sold in the fourth quarter of 2018 in Hopkins rose by $19,950 while total sales increased by 33.3%, according to BlockShopper.com.

From October through December of 2018, there were 68 homes sold, with a median sale price of $259,950 - a 8.3% increase over the $240,000 median sale price for the same period of the previous year. There were 51 homes sold in Hopkins in the fourth quarter of 2017.

The median sales tax in Hopkins for the most recent year with available data, 2015, was $3,387, approximately 1.3% of the median home sale price for the fourth quarter of 2018.

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

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
St. Louis Park17315213.8%$294,500$266,00010.7%
Maple Plain45-20%$291,500$284,9002.3%
Mound5468-20.6%$279,500$238,95017%
St. Anthony18180%$274,250$285,250-3.9%
Loretto220%$263,800$156,95068.1%
Hopkins685133.3%$259,950$240,0008.3%
Bloomington28822030.9%$259,950$259,9500%
Champlin886633.3%$251,250$251,800-0.2%
Minneapolis1,4181,14024.4%$250,000$226,07510.6%
Richfield16513522.2%$249,900$235,0006.3%
New Hope876533.8%$245,000$221,00010.9%

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