Hennepin County, Minnesota

Hopkins, MN Real Estate Market Report 2026

Track Hopkins, MN housing market trends — median prices, days on market, appreciation rates, and expert analysis from The PRO Team at RE/MAX RESULTS.

Overview Market Trends Home Prices Neighborhoods Schools Buyer Guide Seller Guide Relocation Things to Do Commute

Hopkins Housing Market Snapshot

Current market data for Hopkins, MN — updated regularly by The PRO Team at RE/MAX RESULTS.

Median Home Price

$432,000

As of 2025

Avg Days on Market

11 days

Median, all home types

Active Listings

28+

Currently available

Price Per Sq Ft

$210

Median single-family

Year-Over-Year Change

+4.8%

Hopkins has appreciated 4.8% annually — one of the stronger rates in the metro — driven by urban buyer demand and significant investment in Mainstreet and community infrastructure ahead of light rail.

Market Conditions

Median home price: $432,000 — representing strong demand in the Hopkins market
Average days on market: 11 — a highly competitive, fast-moving market
Price appreciation: +4.8% year-over-year, indicating positive momentum and continued buyer demand
28+ active listings across all home types at any given time
$210 price per square foot — useful benchmark for evaluating any specific listing

Price Ranges by Segment

Mainstreet Corridor$380K – $600K

Hopkins North$360K – $550K

West Hopkins$400K – $620K

Expert Market Analysis

Hopkins is part of the broader West Metro Twin Cities market, which consistently outperforms the national average for residential appreciation. Buyers benefit from strong resale values, excellent infrastructure, and high quality of life — all factors that sustain long-term demand.

For Buyers

Hopkins attracts urban-minded first-time buyers and investors who value the charming Mainstreet district, increasing walkability, and compelling value proposition — one of the west metro's most affordable walkable communities with light rail connections coming.

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For Sellers

Hopkins sellers benefit from growing buyer interest driven by the community's improving reputation, light rail anticipation, and position as an accessible alternative to pricier inner-ring suburbs like St. Louis Park and Edina.

Get Your Home Value

Search Hopkins Homes on MLS

Browse every active listing — updated every 15 minutes with new listings, price changes, and coming-soon homes.

* Market data is for informational purposes. Contact The PRO Team for a personalized, real-time analysis.

Frequently Asked Questions

Common questions about Hopkins real estate market trends from buyers and sellers.

Is it a buyer's or seller's market in Hopkins right now?

Hopkins is currently operating in a seller-favorable market. Homes are averaging 11 days on market, and year-over-year appreciation stands at +4.8%. Hopkins has appreciated 4.8% annually — one of the stronger rates in the metro — driven by urban buyer demand and significant investment in Mainstreet and community infrastructure ahead of light rail.. The PRO Team provides up-to-date absorption rate analysis on request.

What is the price per square foot in Hopkins?

Hopkins's current median price per square foot is $210. This varies significantly by neighborhood, home age, and condition — newer construction and lake-proximity properties typically command a meaningful premium above this figure. The PRO Team can provide a property-specific price-per-square-foot comparison for any home you're evaluating.

How has the Hopkins real estate market changed in the past year?

Hopkins home values have moved +4.8% year-over-year. Hopkins has appreciated 4.8% annually — one of the stronger rates in the metro — driven by urban buyer demand and significant investment in Mainstreet and community infrastructure ahead of light rail. Active inventory stands at approximately 28 listings, which represents a tight supply environment.

What is the average days on market for homes in Hopkins?

Hopkins homes are currently selling in an average of 11 days on market. Well-priced, move-in-ready homes in desirable neighborhoods often sell faster. Homes that are overpriced or need significant work tend to sit longer. The PRO Team's market expertise helps both buyers and sellers calibrate to realistic timelines.

Home Valuation

What's Your Hopkins Home Really Worth?

Get a no-obligation valuation from a local Hopkins expert — not Zillow's algorithm. We pull real comparables, account for your home's specific features, and deliver a number you can actually plan around.