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HOPKINS, MN 55343

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HOPKINS, MN real estate market (55343) currently shows 48 active listings, with 17 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 48 days on market compared to 37 days last year.

The median listing price has risen 19% year-over-year, from $250,000 to $297,400.

Whether you are buying or selling in HOPKINS, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 26,813  ·  Density: 1,345.1/mi²  ·  Median household income: $79,726

Typical home value: $326,183  ·  Homeownership: 44.0%

Market Overview

Active Listings
48
⇩ 23.8% vs 63 last year
Pending
17
35% pending ratio
Median Price
$297,400
⇧ 19% vs $250,000 last year
Average Price
$370,711
⇧ 20.1% vs $308,722 last year
Days on Market
48
⇧ 29.7% vs 37 days last year

Price Per Square Foot

Median $/sqft
$215
⇧ 4.9% vs $205/sqft last year
Median Home Size
1,377 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 63 last year
  • Days on market: 48 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $297,400 (+19% YoY)
  • Average: $370,711 (+20.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.4 miles — 566 listings ($494,647,880 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55343Hopkins, MN 553430.0 mi43$13,565,683$250,000$315,481
55305Hopkins, MN 553052.9 mi62$45,492,438$260,000$733,749
55426Minneapolis, MN 554263.4 mi57$18,829,779$299,900$330,347
55344Eden Prairie, MN 553443.5 mi25$7,177,225$249,900$287,089
55346Eden Prairie, MN 553464.1 mi18$8,674,740$489,900$481,930
55410Minneapolis, MN 554104.8 mi54$62,155,728$950,000$1,151,032
55441Minneapolis, MN 554416.3 mi22$7,983,910$350,000$362,905
55419Minneapolis, MN 554196.3 mi33$33,209,022$419,900$1,006,334
55438Minneapolis, MN 554386.4 mi29$11,662,060$312,500$402,140
55409Minneapolis, MN 554096.7 mi16$5,330,336$295,000$333,146
55391Wayzata, MN 553916.9 mi88$238,939,008$2,222,500$2,715,216
55423Minneapolis, MN 554237.1 mi68$19,539,392$315,000$287,344
55403Minneapolis, MN 554037.4 mi51$22,088,559$337,450$433,109

Frequently Asked Questions

How many homes are for sale in HOPKINS, MN 55343?

As of February 2026, there are 48 active listings in HOPKINS, MN (zip code 55343), compared to 63 the prior year.

What is the median home price in HOPKINS, MN 55343?

The median listing price in HOPKINS, MN 55343 is $297,400 as of February 2026, a 19% increase from $250,000 the prior year.

How long do homes stay on the market in HOPKINS, MN?

Homes in HOPKINS, MN 55343 spend an average of 48 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in HOPKINS, MN 55343?

Based on current inventory and days-on-market data as of February 2026, HOPKINS, MN 55343 is currently a Balanced Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 48 days on market compared to 37 days last year.

How much can I save on real estate commission in HOPKINS, MN?

With SELL123.com's maximum 3% commission, sellers in HOPKINS, MN 55343 save an estimated $5,948 compared to a typical 5% commission on the median listing price of $297,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.