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Saturday, November 2, 2024

How did home prices perform in Hopkins during January 2021?

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The median sale price of a home sold in January 2021 in Hopkins rose by $84,500 while total sales decreased by 78.6%, according to BlockShopper.com.

In January 2021, there were three homes sold, with a median sale price of $297,000 - a 39.8% increase over the $212,500 median sale price for the same period of the previous year. There were 14 homes sold in Hopkins in January 2020.

The median sales tax in Hopkins for the most recent year with available data, 2019, was $4,455, approximately 1.5% of the median home sale price for January 2021.

The following table compares Hopkins to other Hennepin County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Mound210-80%$314,950$275,00014.5%
St. Louis Park1644-63.6%$311,725$302,2503.1%
Champlin321-85.7%$310,500$262,00018.5%
Richfield721-66.7%$308,000$274,00012.4%
Minneapolis118244-51.6%$304,388.50$278,7009.2%
Hopkins314-78.6%$297,000$212,50039.8%
Bloomington2146-54.3%$283,750$299,900-5.4%
Brooklyn Park2062-67.7%$278,999.50$245,00013.9%
Brooklyn Center1117-35.3%$275,000$195,00041%
New Hope79-22.2%$273,500$249,9009.4%
Robbinsdale921-57.1%$273,000$207,50031.6%

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