City:

Hopkins, MN

Hopkins is a city in the state of minnesota with a population of roughly 46,651. It is in Hennepin County, Minnesota the Minneapolis-St. Paul-Bloomington, MN-WI core-based statistical areas (CBSA), and the Minneapolis-St. Paul, MN-WI combined statistical area (CSA).Its Zip codes include 55305 ,55343 .

Trends in Home Prices in Hopkins, MN

Hopkins is a small town located in Hennepin County, Minnesota. The population was 2,997 at the 2010 census. Hopkins was founded in 1858 and named for Dr. Samuel Hopkins, a physician and politician from Massachusetts. The town's economy is based on agriculture, with crops such as corn, soybeans, wheat and hay being the main products. There are also dairy farms and poultry operations in the area.

The real estate market in Hopkins has seen steady growth over the past few years due to increasing demand from both local residents and those looking to purchase property in the area for investment purposes. In 2017 there were 1,827 housing units sold in Hopkins which represented an increase of 9% compared to 2016 sales figures. This trend is likely to continue as more people are attracted to the rural setting and low cost of living in Hopkins.

There are a number of factors that have contributed to this strong real estate market in Hopkins including:

-The growing population of residents who are looking for affordable housing options

-The availability of land that is suitable for development

-Low interest rates which make mortgages more affordable than they would be elsewhere

-The fact that Hopkins is located close to major metropolitan areas such as Minneapolis and St Paul which makes it an attractive option for people who want to live close to city life but also have access to rural amenities such as hiking trails and lakes

Price Index: Minneapolis-St. Paul-Bloomington, MN-WI

Zip codes in Hopkins

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