Hopkins, MN housing market
The typical Hopkins home is worth about $332,000, up 2.4% in a year, 5% below the Minnesota typical home. Homes typically sell in 16 days, close to asking.
Home values, sales, trends and how Hopkins compares with the towns next door — updated as new data is published.
Hopkins at a glance
A seller's market
Supply is tight — about 2.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Hopkins | Minnesota |
|---|---|---|
| 2017 | $201,000 | $217,000 |
| 2018 | $219,000 | $232,000 |
| 2019 | $238,000 | $246,000 |
| 2020 | $250,000 | $259,000 |
| 2021 | $271,000 | $282,000 |
| 2022 | $295,000 | $313,000 |
| 2023 | $307,000 | $325,000 |
| 2024 | $316,000 | $331,000 |
| 2025 | $323,000 | $341,000 |
| 2026 | $332,000 | $349,000 |
| August 2026 | $332,000 | $351,000 |
Hopkins and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Hopkins | $332K | +2.4% | 16 | $75,234 |
| Minnetonka | $485K | +3% | 15 | $119,517 |
| St. Louis Park | $380K | +0.7% | 15 | $101,648 |
| Edina | $626K | +4.1% | 30 | $128,767 |
4.4 years of income
The typical Hopkins home costs about 4.4 years of the town's median household income, more than across Minnesota (3.9 years).
How Hopkins ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.