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As-is Deals in New Hope, MN

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New Hope, MN Foreclosures

How much do homes sell for in New Hope, MN?
The average home price is currently $347,790.
In New Hope, MN, how many homes are available?
There are currently 41 active home listings available in New Hope.
What’s the average rental cost in New Hope, MN?
The average rental price in New Hope is $1,668.
What is the most expensive home in New Hope?
The most expensive home sold in New Hope had a price of $21,269,254.
What is currently the cheapest priced home in New Hope, MN?
The cheapest home for sale in New Hope is priced at $58,419.

Living in New Hope, MN

New Hope is a family-oriented suburb of Minneapolis, offering a rich blend of community activities, parks, and educational opportunities. With its convenient access to major highways, residents enjoy easy commutes to the city while enjoying a variety of local amenities. It's an ideal place for families and those looking for a friendly neighborhood atmosphere.

Current Market Conditions in New Hope, MN

The New Hope real estate market is currently experiencing a steady growth trend, with a mix of single-family homes, townhouses, and condominiums available. The demand for homes in New Hope remains high due to its attractive amenities and proximity to Minneapolis, making it a desirable location for many buyers.

Home values have appreciated moderately over the past few years, reflecting the area's stable economy and appealing quality of life. The mix of older and newer properties provides a range of options for potential buyers, from affordable housing to more upscale listings.

Home Value Estimator For New Hope, MN

There are currently 4,557 real estate properties in New Hope, MN, with a median automated valuation model (AVM) price of $349,576.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Hope, 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 New Hope, MN, is $347,790.00, with the most expensive house in New Hope, MN, topping out at $21,269,254.00 and the cheapest home in New Hope, MN, clocking in at $58,419.00. In other words, there’s something for every potential homebuyer or savvy investor in New Hope, MN!

Rent Prices In New Hope, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Hope, MN, is on a rollercoaster ride. The average rent price in New Hope, MN, is $1,668.00. Indeed, when looking to rent in New Hope, MN, you can expect to pay as little as $820.00 or as much as $3,120.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in New Hope, 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.

New Hope, MN As-is Deals

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