Inventory in New Hope stayed relatively limited in February 2026, with 29 homes for sale and just 19 new listings coming on the market. Pending sales reached 13 for the month, and months of supply held at a lean 2.2, underscoring a seller’s market reading of 22 on the local market gauge.
Pricing is adjusting to these conditions as typical home values sit around $350,000, close to but slightly below Hennepin County’s $375,000 level. Even with a 15.13% month-over-month jump in typical values, the median list price slipped to about $324,900, and roughly 20.69% of sellers reduced their asking price, suggesting buyers are pushing back on some initial pricing.
Looking ahead to March 2026, projections show typical values near $373,000 and inventory inching up to about 31 homes, while the projected median list price trends lower toward $303,600. Homes are taking longer to go under contract at a median of 64 days, yet about 30.77% still sell above list with an average sale-to-list ratio just over 1.00, reinforcing the advantage for well-priced listings. Buyers and sellers who want to navigate these shifting signals can use Agent Pronto to connect with a skilled local agent who understands New Hope’s dynamics.
