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South Hennepin News

Saturday, November 2, 2024

February 2021: Home prices in Hopkins fell

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The median sale price of a home sold in February 2021 in Hopkins fell by $23,150 while total sales decreased by 81.8%, according to BlockShopper.com.

In February 2021, there were two homes sold, with a median sale price of $302,850 - a 7.1% decrease over the $326,000 median sale price for the same period of the previous year. There were 11 homes sold in Hopkins in February 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 February 2021.

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

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Eden Prairie1242-71.4%$370,000$387,075-4.4%
Orono38-62.5%$365,000$420,000-13.1%
Bloomington1849-63.3%$317,500$305,0004.1%
Golden Valley620-70%$315,250$341,000-7.6%
St. Louis Park639-84.6%$305,000$283,5007.6%
Hopkins211-81.8%$302,850$326,000-7.1%
Minneapolis88282-68.8%$296,500$269,8509.9%
Maple Grove368-95.6%$295,000$325,000-9.2%
New Hope516-68.8%$295,000$254,25016%
Brooklyn Park1561-75.4%$280,000$255,0009.8%
Crystal521-76.2%$275,000$229,90019.6%

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