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Preforeclosure Homes in Hopkins, MN

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Living in Hopkins, MN

Hopkins, MN, is a family-friendly suburb just west of Minneapolis known for its vibrant community life and excellent schools. With a charming downtown and ample parks, it offers a perfect blend of suburban tranquility and urban access. The area is appealing for both families and professionals alike.

Current Market Conditions in Hopkins, MN

The real estate market in Hopkins is showing steady growth with rising property values. The demand for homes in the area continues to increase, making it an attractive location for both investors and new homeowners looking for a community-oriented environment.

Current trends indicate a strong interest in single-family homes, with many listings receiving multiple offers. Investors can find opportunities in both rental properties and quick resale options due to the area's appeal and ongoing development.

Home Value Estimator For Hopkins, MN

There are currently 5,154 real estate properties in Hopkins, MN, with a median automated valuation model (AVM) price of $368,750.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hopkins, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hopkins, MN, is $407,918.00, with the most expensive house in Hopkins, MN, topping out at $6,585,184.00 and the cheapest home in Hopkins, MN, clocking in at $57,634.00. In other words, there’s something for every potential homebuyer or savvy investor in Hopkins, MN!

Rent Prices In Hopkins, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hopkins, MN, is on a rollercoaster ride. The average rent price in Hopkins, MN, is $1,794.00. Indeed, when looking to rent in Hopkins, MN, you can expect to pay as little as $760.00 or as much as $4,720.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in Hopkins, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hopkins, MN Preforeclosure Homes


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