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Hopkins, MN
Full City Profile · Minnesota · Scott County County
3.5
/5.0
B+
Good
18,696
Population
4,605/sq mi density
$71,170
Median Income
$48,439 per capita
$350,100
Home Value
$324,730 Zillow
$1,346
Median Rent
29.0% income on rent
47°F
Avg Temperature
270 sunny days/yr
176
Violent Crime/100K
1,559 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$71,170 median income, 3.6% unemployment
B+
Affordability
3.9 / 5.0
$350,100 home value, $1,346/mo rent
F
Safety
1.0 / 5.0
176 violent crimes/100K
A+
Education
4.8 / 5.0
47.0% bachelor's degree or higher
Housing Overview
Median Home Value
$350,100
24% above
US avg: $281,900
Median Rent
$1,346/mo
16% above
US avg: $1,163/mo
Homeownership Rate
37.3%
43% below US avg (65.4%)
Total Housing Units
9,713
Median year built: 1972
Home Value by Source
Census Median
$350,100
Zillow (ZHVI)
$324,730
Median Sale Price
$270,000
Median List Price
$349,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
37.3%
Owner-Occupied
62.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,346/mo
· Zillow rent:
$1,444/mo
Market Indicators (Redfin)
Median Days on Market
79 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
30.4%
of listings with price reduction
Price Per Sq Ft
$229
Active Inventory
23
homes for sale
Affordability & Housing Stock
Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
37.3%
Complete Housing Data
Home Values
| Census Median Value | $350,100 |
| Zillow Home Value (ZHVI) | $324,730 |
| Median Sale Price | $270,000 |
| Median List Price | $349,450 |
| Price Per Sq Ft | $229 |
Rent
| Census Median Rent | $1,346 |
| Zillow Rent (ZORI) | $1,444 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 79 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 30.4% |
| Homes Sold | 7 |
| Active Inventory | 23 |
| Price Per Sq Ft | $229 |
Ownership & Stock
| Owner-Occupied | 37.3% |
| Renter-Occupied | 62.7% |
| Homeownership Rate | 37.3% |
| Total Housing Units | 9,713 |
| Median Year Built | 1972 |
| Rent Burden | 29.0% |