New Hope

An idyllic suburb of Minneapolis, New Hope, Minnesota is situated in Hennepin County totaling just over five square miles. With a population of about 21,000, New Hope is a sizable town perfectly positioned in the central-east region of the state. Originally organized as a farming community, New Hope is just 12 miles northwest of the downtown area of Minneapolis, making it an ideal commuter community for families seeking to buy a home in the suburbs of the Twin Cities.

Serviced by the Robbinsdale Area School District, New Hope hosts 8,427 households according to the most recent census. Likewise, New Hope is a diverse neighborhood, vivid with a variety of cultures. In the past decade, New Hope has enjoyed steady growth, adding a range of businesses and home to an upward trend in population. What’s more, for young and/or first-time homebuyers in the Minneapolis area, New Hope is a younger skewing community, ideal for growing families. Not only is the city conveniently located to Minneapolis, the housing opportunities are many in this top rated Twin Cities suburb perfect for buying a home. What’s more, building growth has mounted in the area as well, providing even more housing options. With nearly 500 businesses situated in New Hope, its economic prospects are similarly ideal.

As for its history, New Hope was originally settled as a part of Crystal Lake Township and was a favored spot for settling family farms. As Minneapolis grew and housing sprouted in the surrounding areas, New Hope gained significant heft. Since then, housing in this area northwest of the Twin Cities has continued to thrive, with population growth near its peak today. For recreational purposes, New Hope has a plethora of options, including top shopping destinations including New Hope City Center, Winnetka Commons, Midland Center, Post Haste Shopping Center, Crystal Center, Four Seasons Area, and just a short drive away lie some of the are’s most promising larger scale shopping destinations, such as Arbor Lakes and Ridgedale Mall.

For outdoor lovers interested in buying a home near Minneapolis but with the added bonus of a little extra room, nearly every home in New Hope is located just a quarter-mile from a city park. With 20 city parks totaling 200 some acres, New Hope has no shortage of green space to enjoy. The 65-acre Northwood Park is the city’s largest and stretches Boone Avenue to 38th. There are also a variety of outdoor sporting areas, including the New Hope Village Golf Course, New Hope Ice Arena, and Milton C. Honsey Outdoor Pool. There are many private recreational sports teams for kids, young adults, and adults like to participate in, as well.

As a potential Minneapolis suburb in which to buy a home, New Hope is a stellar option for space and affordability, especially considering its minor commuting distance from Minneapolis and its host of trendy, on-the-rise attractions. Buyers interested in house-hunting need look no further than the Doyle Real Estate team. No matter what your budget, tastes or homeownership goals may be, the top reviewed real estate agents at Doyle Real Estate have been working in the Minneapolis area for years, combining unparalleled knowledge of the local inventory with exceeding expertise.

Total Listings Price Range Avg. Price Size Range Avg. Size Avg. Price / Sq. Ft.
23 Low: $200,000
High: $375,000
$268,813 Low: 1,144 sq. ft.
High: 2,901 sq. ft.
1,932 sq. ft. $139 per sq. ft.

 

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