New Hope, MN housing market
The typical New Hope home is worth about $350,000, up 2.3% in a year, close to the Minnesota typical home. Homes typically sell in 14 days, a little above asking.
Home values, sales, trends and how New Hope compares with the towns next door — updated as new data is published.
New Hope at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | New Hope | Minnesota |
|---|---|---|
| 2017 | $223,000 | $217,000 |
| 2018 | $240,000 | $232,000 |
| 2019 | $259,000 | $246,000 |
| 2020 | $271,000 | $259,000 |
| 2021 | $293,000 | $282,000 |
| 2022 | $321,000 | $313,000 |
| 2023 | $332,000 | $325,000 |
| 2024 | $335,000 | $331,000 |
| 2025 | $340,000 | $341,000 |
| 2026 | $351,000 | $349,000 |
| August 2026 | $350,000 | $351,000 |
New Hope and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| New Hope | $350K | +2.3% | 14 | $77,662 |
| Crystal | $318K | +1.2% | 12 | $92,513 |
| Plymouth | $510K | +1.9% | 22 | $136,534 |
| Brooklyn Park | $348K | +0.8% | 16 | $89,891 |
4.5 years of income
The typical New Hope home costs about 4.5 years of the town's median household income, more than across Minnesota (3.9 years).
How New Hope 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.