Housing in Hopkins, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$369,500

Median List Price

$309,900

Price Per Sq Ft

$196

Days on Market

35

Active Inventory

20

Months of Supply

2.5

Seller's market

Zillow Home Value

$318,767

ZHVI — January 2026

Zillow Rent Index

$1,404

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.6%List Price 18.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

60.0%

Sale-to-List Ratio

94.3%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
60.0%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

7

Pending Sales

5

Homes Sold 14.3%New Listings 53.3%Pending 76.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$196

Median List $/SF

$264

Sale $/SF 13.3%List $/SF 26.9%Mar 24Jan 26

Hopkins vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Hopkins is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$350,100

Median Rent

$1,346

Total Housing Units

10,105

Vacancy Rate

5.8%

Owner Occupied

37.3%

Renter Occupied

62.7%

Median Property Tax

$4,580

per year

Monthly Cost (w/ Mortgage)

$1,498

Housing Types

Single Family
39.3%
Multi-Family
60.7%
Mobile Home
0.0%

The current median sale price in Hopkins, MN is $369,500 according to Redfin data. Homes spend a median of 35 days on the market. 12.5% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $196. Zillow's observed rent index is $1,404/month. About 37.3% of housing units are owner-occupied. The median year homes were built is 1973. There are 10,105 total housing units.