Housing in Hopkins, MN is quite desirable, as it has one of the highest median values in the United States. The current median value stands at $320,100, which is only slightly lower than the national median value of $338,100. In terms of yearly appreciation rate for homes in this area, the value has risen by 6.82%, which is slightly lower than the national average of 8.27%. Overall, Hopkins is a great place to buy a house due to its competitive pricing and desirable location.
The median home cost in Hopkins is $320,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Hopkins is up 11.0%.
Average Age of Homes
- The median age of Hopkins real estate is 46 years old
The Rental Market in Hopkins
- Renters make up 63.6% of the Hopkins population
- 2.1% of houses and apartments in Hopkins, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.