New Hope, MN

Seller's market+10.2% YoY

Housing market overview · Updated weekly

$350,000median sale price

Homes sold

13

Last 12 weeks

Days on market

64

Average pace

Active listings

29

2.2 months supply

Sale-to-list

100.7%

Above asking

The New Hope housing market is currently classified as a seller's market with a median sale price of $350,000. Prices have risen 10.2% compared to last year, with homes spending an average of 64 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in New Hope

There are currently 29 homes listed for sale in New Hope, Minnesota. The median listing price is $325K.

Active listings

29

Homes on market

Median list price

$325K

Avg. days on market

64

Days until sale

New this week

19

Newly listed

Price drops:20.7%of listings
Sale-to-list:100.7%

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Frequently asked questions

What is the average home price in New Hope?

The median home sale price in New Hope is $350,000, up 10.2% from last year.

How long do homes stay on market in New Hope?

Homes typically spend 64 days on market before going under contract.

Is New Hope a buyer's or seller's market?

With 2.2 months of supply, New Hope is currently a seller's market.

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