Homes for Sale in New Hope, MN

Here is where the New Hope market stood in September 2026. The median sale price has decreased by 2% from last year to $330,000, 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 6 days longer than last year, averaging 46 days on market, and sellers are receiving 97.9% of their original asking price. The area is currently a seller's market with 2.5 months of supply. Active inventory is up 24% from last year to 52 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

In New Hope, homes were most commonly built in 1960-1969, about 53% of occupied homes are owner-occupied, and the average commute is 19 minutes. Roughly 46% of homes are single-family detached, and the median home was built in 1969.

Homeowners with a mortgage typically spend $1,973 a month on housing costs, lower than the Twin Cities metro and the median property tax bill is $4,378 a year.