Homes for Sale in Hopkins, MN

Here is where the Hopkins market stood in August 2026. The median sale price has increased by 10% from last year to $425,000, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling. Homes are selling 12 days longer than last year, averaging 36 days on market, and sellers are receiving 101.6% of their original asking price. The area is currently a balanced market with 4.3 months of supply. Active inventory is up 96% from last year to 51 homes for sale.

In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.

In Hopkins, homes were most commonly built in 1970-1979, about 37% of occupied homes are owner-occupied, and the average commute is 19 minutes. Roughly 29% of homes are single-family detached, and the median home was built in 1973.

Homeowners with a mortgage typically spend $2,116 a month on housing costs, similar to the Twin Cities metro and the median property tax bill is $4,796 a year.