Home prices
The cost of the median home in Hopkins is $227,500. In comparison to its surrounding areas this is roughly $195,100 (46%) lower.In comparison to the US as a whole it is roughly $10,000 (4%) higher, and in comparison to the city of Minneapolis it is about $24,100 (9%) lower.
Rents
Hopkins's median rent is $1,032 per month. In comparison to other places in this area it is approximately $239 (18%) lower.It is approximately $30 (2%) lower compared to the nation as a whole, and compared to the city of Minneapolis is is very similar.
Nearby places
St. Louis Park
St. Louis Park is Hopkins's neighbor to the northeast. The housing prices there are a bit more expensive. The median home price in St. Louis Park is $271,600, which works out to $44,100 (16%) higher than Hopkins. Its rents are a bit more expensive. In St. Louis Park the median monthly rent is $1,232, which is $200 (16%) higher than Hopkins.
Minnetonka
Minnetonka is Hopkins's neighbor to the west. Its housing prices are significantly more expensive. The cost of the median home in Minnetonka is $347,900, which works out to $120,400 (34%) higher than Hopkins. Its rents are a bit more expensive. In Minnetonka the median monthly rent is $1,428, which is $396 (27%) higher than Hopkins.
Edina
Edina is Hopkins's neighbor to the southeast. The housing prices there are significantly more expensive. Edina's median home value is $476,300, which comes out to $248,800 (52%) higher than Hopkins. Rents there are somewhat more expensive. Edina's median monthly rent is $1,404, which works out to $372 (26%) higher than Hopkins.
Golden Valley
Golden Valley is approximately 4 miles northeast of Hopkins. Its housing prices are a bit more expensive. The median home in Golden Valley costs $304,700, which is $77,200 (25%) higher than Hopkins. Rents there are a bit more expensive. In Golden Valley the median rent is $1,349 per month, which comes out to $317 (23%) higher than Hopkins.
Medicine Lake
Medicine Lake is roughly 4 miles north of Hopkins. Its real estate prices are substantially more expensive. The price of the median home in Medicine Lake is $712,500, which works out to $485,000 (68%) higher than Hopkins. Its rents are a bit less expensive. In Medicine Lake the median monthly rent is $944, which is $88 (9%) lower than Hopkins.
