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South Hennepin News

Thursday, November 7, 2024

April 2021: Hopkins experienced a 11.2% drop in median home prices

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The median sale price of a home sold in April 2021 in Hopkins fell by $41,050 while total sales decreased by 81.8%, according to BlockShopper.com.

In April 2021, there were two homes sold, with a median sale price of $323,850 - a 11.2% decrease over the $364,900 median sale price for the same period of the previous year. There were 11 homes sold in Hopkins in April 2020.

The median sales tax in Hopkins for the most recent year with available data, 2019, was $4,455, approximately 1.4% of the median home sale price for April 2021.

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

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Minnetonka1154-79.6%$355,000$427,500-17%
Bloomington2468-64.7%$352,750$300,00017.6%
Hanover110%$349,900$285,00022.8%
Champlin325-88%$335,000$290,00015.5%
Minneapolis112393-71.5%$324,500$302,5007.3%
Hopkins211-81.8%$323,850$364,900-11.2%
Richfield941-78%$320,000$281,00013.9%
New Hope324-87.5%$320,000$280,00014.3%
Brooklyn Park1872-75%$301,500$280,1607.6%
Robbinsdale623-73.9%$297,500$261,00014%
Mound422-81.8%$297,249.50$284,9504.3%

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