Homes for Sale in New Hope, MN
New Hope is a well-established Hennepin County suburb offering affordable, impeccably kept homes and a strong sense of community. The city boasts excellent local amenities, including Northwood Lake Park and the New Hope Village Golf Course. It provides a convenient, central location served by the dependable Robbinsdale Area school district.
Why Live in New Hope
New Hope Market Snapshot
Monthly figures from the NorthstarMLS Local Market Update.
Median Sales Price
% of Original List Price Received
Days on Market
Closed Sales
Homes for Sale
Months Supply
Supply vs. Demand Trends
New Hope Housing Market Today
Here is where the New Hope market stood in August 2026. The median sale price has increased by 7% from last year to $372,000. Homes are selling 37 days more quickly than last year, averaging 23 days on market, and sellers are receiving 100.6% of their original asking price. The area is currently a seller's market with 2.2 months of supply. Active inventory is up 12% from last year to 47 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.
Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.
New Hope market questions
Is New Hope a buyer's or seller's market?
New Hope was a seller's market in August 2026, with 2.2 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 47 homes for sale.
How fast are homes selling in New Hope?
Homes that sold in August 2026 spent an average of 23 days on market, 37 days faster than a year earlier. Sellers received 100.6% of their original list price on average.
Are home prices going up in New Hope?
Yes. The median sale price rose 7.1% year over year to $372,000.
Living in New Hope
Housing, cost of ownership and commuting, compared with the Twin Cities metro.
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.
Data: ACS 2020-2024 5-year estimates
What does it cost to own a home in New Hope?
Homeowners with a mortgage typically pay $1,973 a month in housing costs and the median property tax bill is $4,378 a year.
Median home value
$337,000
Lower than the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$4,378/yr
Higher than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,973/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$771/mo
Similar to the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,335/mo
Lower than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
What are homes like in New Hope?
About 53% of occupied homes are owner-occupied and the median home was built in 1969.
Owner-occupied homes
53%
Lower than Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1969
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2010-20194%
- 2000-20096%
- 1990-19992%
- 1980-198911%
- 1970-197922%
- 1960-196940%
- 1950-195911%
- 1940-19492%
- 1939 or earlier1%
Types of homes
The share of housing units in each building type.
- Single-family detached46%
- Townhome / attached6%
- 2-4 units3%
- 5+ units44%
How do people get around in New Hope?
The average one-way commute is 19 min and 90% of homes have broadband.
Average commute
19 min
Lower than the Twin Cities metro
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone70%
- Carpool9%
- Walk or bike2%
- Work from home16%
Homes with broadband
90%
Similar than Twin Cities metro overall
The share of households with a broadband internet subscription.
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