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Advertise here →Hopkins, MN · Market Data
Hopkins, Minnesota real estate market data.
Real estate market data for Hopkins, MN (Hennepin County) — Census median home value $350,100, county listing prices down about 1.0% over the past year.
Hopkins, MN is in Hennepin County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,696, with a median household income of $71,170. Census data puts Hopkins's median home value at $350,100 (all owner-occupied homes); Hennepin County's current median listing price runs $418,023, down about 1.0% over the past year.
At a glance
Hopkins market snapshot
Population
18,696
Median Household Income
$71,170
Median Home Value (city)
$350,100
Median Listing Price (Hennepin County)
$418,023
Median Gross Rent
$1,346/mo
Price Trend (YoY)
-1.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Hopkins different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Hopkins's median home value — across all owner-occupied homes, not just recent sales — at $350,100. Separately, Hennepin County's current median listing price (via Realtor.com data, 2026-06-01) runs $418,023. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Hennepin County's FHFA house price index shows a 3.01% annual change in 2025.
Population & Income
Hopkins has an estimated population of 18,696 and a median household income of $71,170, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Hopkins's Census-reported median home value works out to about 4.9x the area's median household income, and median gross rent runs roughly 23% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Hopkins FAQ
What are home values like in Hopkins, MN?
The Census Bureau's American Community Survey puts Hopkins's median home value at $350,100. Hennepin County's current median listing price runs $418,023, down about 1.0% over the past year.
What is the population of Hopkins, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Hopkins's population at approximately 18,696.
What's the median rent in Hopkins, MN?
The Census ACS estimates median gross rent in Hopkins at approximately $1,346 per month.
What is the median household income in Hopkins, MN?
Census ACS data puts the median household income in Hopkins at approximately $71,170.
Is the Hopkins housing market growing?
Hennepin County's FHFA house price index shows a 3.01% annual change in 2025.
Is Hopkins, MN affordable relative to income?
Census ACS data puts Hopkins's median home value at about 4.9 times the median household income, with median gross rent equal to roughly 23% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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