New Hope Homes under $400,000

Welcome to New Hope, Minnesota, a charming city nestled in Hennepin County that perfectly balances suburban tranquility with urban convenience. Known for its welcoming community and rich cultural tapestry, New Hope is a delightful place to call home. With its lush parks, well-maintained recreational facilities, and vibrant local arts scene, residents enjoy a high quality of life while being just a short drive from the bustling heart of Minneapolis.

One of the most appealing aspects of New Hope is its diverse real estate market, particularly for homebuyers seeking properties under $400,000. This affordability opens the door for first-time buyers, families, and those looking to downsize without compromising on comfort or style. From cozy single-family homes to modern townhouses, the options are plentiful and cater to a variety of tastes and lifestyles. Many of these homes boast spacious yards, updated interiors, and proximity to excellent schools, making them perfect for growing families or anyone looking to enjoy the serenity of suburban living.

In addition to its attractive housing market, New Hope offers a plethora of amenities, including shopping centers, dining options, and community events that foster a strong sense of belonging. With its friendly neighborhoods and a vibrant community spirit, New Hope is not just a place to live; it's a place to thrive. If you're searching for an affordable home in a welcoming city, look no further than New Hope, MN—where your dream home awaits!

Newest New Hope Homes under $400,000

$300,000

3 Beds ⋅ 2 Baths ⋅ 7139423 MLS

Welcome to 5403 Elm Grove Avenue in New Hope! Large windows fill the living room with natural light, while a gas fireplace creates an inviting focal point. Fresh paint in select living areas gives portions of the interior a refreshed look. The kitchen offers ample room to move around, and a separate dining area provides space for meals beyond the kitchen. All three bedrooms are on one level, including a spacious primary suite with a private full bath and walk-in closet. A second full bathroom serves the remaining bedrooms and guests. Outside, the deck overlooks grass and trees, extending the living space outdoors with a view of the surrounding green space. An attached two-car garage provides sheltered parking. Nearby Civic Center Park and New Hope Aquatic Park offer additional recreation options.

5403 Elm Grove Avenue, New Hope

Listing courtesy of Coldwell Banker Realty.

$300,000

3 Beds ⋅ 1 Baths ⋅ 7130586 MLS

This nicely maintained home is located in the popular Northwoods Terrace neighborhood. This inviting home has been lovingly cared for and offers a wonderful opportunity for its next owner to make it their own. The main level features beautiful hardwood flooring throughout, adding warmth and character to the living spaces. The roof was replaced in 2023, providing valuable peace of mind, and the maintenance-free deck offers the perfect spot for relaxing or entertaining outdoors. The home features 3 bedrooms, 1 bathroom, and a 1-stall garage, with practical layout and plenty of opportunity to personalize. Conveniently located near shopping, dining, parks, schools, and major roadways, this home offers easy access to everything New Hope and surrounding area have to offers. A great opportunity to own a well-cared-for home in a convenient location. Welcome Home!

3617 Boone Avenue N, New Hope

Listing courtesy of Edina Realty, Inc..

$350,000

3 Beds ⋅ 2 Baths ⋅ 7157810 MLS

Enjoy comfortable living in a convenient New Hope location close to Meadow Lake Park. This three-bedroom, two-bath home includes an attached two-car garage and a spacious backyard that a loving family has enjoyed for years, creating warm memories along the way. With plenty of room for gardening, gatherings, and recreation, the backyard offers space to make memories of your own. Nearby shopping and dining complement convenient access to Highway 169 and I-694, connecting you to downtown Minneapolis and destinations throughout the Twin Cities. Ready for its next chapter!

8711 61st Avenue N, New Hope

Listing courtesy of Coldwell Banker Realty.

$379,900

3 Beds ⋅ 2 Baths ⋅ 7157902 MLS

Welcome to this beautifully maintained home offering timeless charm and exceptional care throughout. Ideally located near parks, shopping, schools, and with an easy commute to downtown Minneapolis, this home features three bedrooms and a full bath on one level, with hardwood floors beneath the bedroom carpet. Enjoy multiple inviting living spaces, including a cozy family room with a classic brick fireplace and a bright three-season porch overlooking a private brick paver patio and spacious backyard with an in-ground sprinkler system. The kitchen offers a built-in breakfast nook plus separate dining space, while the generous laundry/mudroom off the attached garage provides abundant storage and everyday convenience. This is a wonderful opportunity to own a lovingly cared-for home in an established neighborhood.

8616 34th Avenue N, New Hope

Listing courtesy of Covenant Partners LLC.

$400,000

4 Beds ⋅ 2 Baths ⋅ 7148372 MLS

This home is truly something special offering a rare combination of a fully renovated home on a lovely quiet half acre lot with a hobbyists dream shop to boot! Enjoy great sunset views from your expansive deck-overlooking a private backyard oasis. Since purchasing in 2018, the current owners have made so many improvements: All new flooring throughout- including beautiful hardwood stair treads/risers. The kitchen was opened up to the dining and living room spaces and redone including stainless appliances, new counters, farm style sink, fixtures, flooring and tile backsplash. A stylish fireplace and surround was added to the living room- including a hidden panel for components. Updated (walk-thru) owner’s bathroom suite with dual sink vanity. Fresh paint and updated décor throughout. Brand new super-sized family room walks out to the deck and back yard. Convenient-spacious mudroom leads into a super-sized 2 car attached garage with new garage doors and openers. New cedar wrapped posts, newly painted shutters, repairs and refinishing to the deck. New electrical panels in home and shop. New furnace and air conditioner. New doors throughout the home including new front door. Detached insulated and heated 18x28 garage/workshop – a hobbyists dream! This home is ready for you to move right in! Super central location-EZ access to highway 100, 169 and just minutes to Hyvee and other retail. Walk to Little Acre park with basketball, baseball (bathroom facilities). Close to Civic Center Park with huge swimming pool, playground, bandshell, skatepark, warming house. French Regional Park is just a few minutes drive as well. Price includes $10,000 for bathroom finishing. Buyer can take this as closing costs and save cash to complete the bathroom after closing. When you add it all up it’s hard to find anything to compare; better hurry on this one!

5033 Wisconsin Avenue N, New Hope

Listing courtesy of Edina Realty, Inc..

$310,000

3 Beds ⋅ 1 Baths ⋅ 7157698 MLS

INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $4,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. This New Hope home, built in 1960, features a kitchen with quartz countertops, an accent backsplash, and stainless steel appliances, creating a well-equipped space for cooking and entertaining. Interior paint extends throughout. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room. Included 100-Day Home Warranty with buyer activation

5964 Decatur Avenue N, New Hope

Listing courtesy of Opendoor Brokerage, LLC.

$369,000

3 Beds ⋅ 2 Baths ⋅ 7156388 MLS

Amazing architect-designed kitchen, newer roof and windows, plus nearly 1,000 additional square feet of lower-level space with so much already in place—just add the flooring of your choice! A special New Hope home, offered for the first time in 54 years! Lovingly owned by the same family since 1972, this remodeled 3-bedroom, 2-bath home sits on a generously sized corner lot with a level, beautifully usable yard. Inside, you’ll find the warmth and character of gorgeous real hardwood floors and exceptional trim work. A stunning architect-designed kitchen features high-end custom cabinetry, carefully considered details, and a highly functional layout. Downstairs, discover an expansive lower level offering a fireplace, lighting, and exciting possibilities for additional recreation, hobbies, or future improvements. The attached two-car garage adds everyday convenience, while the spacious corner lot provides plenty of room to enjoy the outdoors. A rare opportunity to own a home with genuine character, remarkable craftsmanship, and a long history of being cared for by the same owners for more than five decades. Other improvements include a new roof and blinds in 2024, newer high-quality windows, and HVAC installed in 2010.

4664 Hillsboro Avenue N, New Hope

Listing courtesy of Coldwell Banker Realty.

$400,000

4 Beds ⋅ 2 Baths ⋅ 7156328 MLS

Welcome to 8700 40th Ave N in New Hope! This mid-century ranch with attached two-car garage has been renovated from head-to-toe! Since 2013, the owner has updated the following: new kitchen, new finished basement, HVAC, roof/soffits/fascia, Hardie Board siding, electrical panel, new asphalt driveway, two new bathrooms, refinished hardwood floors, new LVP, new doors and trim, new windows (including 4 egress in the basement!), solar panels, plus more! The home has a fantastic layout with 3 bedrooms on the main level - making it a versatile space. The kitchen, dining, and living rooms have a great flow and open feel, plus abundant natural morning light. The basement has so many options! It already includes a bedroom, but, you could potential add 2-3 more as the entire basement has egress windows - meaning it could be a 6-7 bedroom home! You will also love that the yard is fully-fenced and is over 1/4 of an acre - it’s perfect for gardening and enjoying summer nights on the deck. Being steps away from Northwoods Park, minutes to Hy-Vee and many other shops and restaurants, close to 169, and just a short drive to Medicine Lake, you will not be disappointed living in this top-notch location. Come and take a look at this wonderful home today!

8700 40th Avenue N, New Hope

Listing courtesy of Verve Realty.

$280,000

3 Beds ⋅ 3 Baths ⋅ 7156315 MLS

Well maintained 3BR/3Bath 2 car garage townhome looking for new owners. Convenient location close to major freeways, parks, and shopping. This spacious unit boasts a large master bedroom with private bath and walk in closet. Natural gas fireplace for the upcoming winter season. Unit has over 1600 finished square feet located in a medium size complex. Pets allowed. Association recently installed new roof and resurfaced the roadways. If townhome living is for you this is one to tour.

5652 Winnetka Avenue N, New Hope

Listing courtesy of Keller Williams Realty Integrity.

$379,500

3 Beds ⋅ 2 Baths ⋅ 7154989 MLS

Welcome home to this pristine 3-bedroom,2-bath, three level split in a sought after lake community. Freshly updated throughout, this home boasts brand new flooring (including hardwood), a brand new kitchen,and fresh interior and exterior paint, move-in ready from top to bottom, including a brand new roof. This home shows beautifully' and wont disappoint even the pickiest buyers. Schedule your showing today!

9097 Northwood Parkway, New Hope

Listing courtesy of John McGovern.

$135,000

2 Beds ⋅ 2 Baths ⋅ 7155728 MLS

Welcome home to this spacious and comfortable 2-bedroom, 2-bathroom condo offering a fantastic blend of practical updates and easy living! The heart of the home features a refreshed kitchen with newly painted cabinets, brand-new stainless steel appliances, and durable new laminate flooring that extends into the dining area. Cozy, inviting carpeting flows through the large living room and into both bedrooms. You will love the primary bedroom setup, which includes a private 1/2 bath ensuite and a huge closet for excellent storage. Two brand-new wall air conditioning units have also been installed to keep the entire space crisp and cool all summer long. Step outside onto your expansive, southern-facing deck—perfect for soaking up the sun or enjoying a quiet morning coffee. Ultimate convenience is built right in, with both the laundry room and your additional storage unit located on the exact same floor. The building community offers a wonderful lineup of amenities, including a heated underground garage space to escape the winter cold, an outdoor pool, tennis courts, a fitness center, a sauna, and a party room for gatherings. A fantastic, turnkey value in a great New Hope location!

2801 Flag Avenue N Unit 222, New Hope

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$375,000

3 Beds ⋅ 2 Baths ⋅ 7155306 MLS

Welcome home to this charming 3 bed/2 bath New Hope rambler offering 2,004 finished sq ft! The main level features beautifully refinished hardwood floors, 3 bedrooms on one level, a spacious eat-in kitchen with custom-built oak cabinetry, tons of storage, stainless steel appliances, breakfast bar and reverse-osmosis water filtration. A cozy dining/den with brick gas fireplace walks out to the covered patio and fully fenced backyard - plus a bonus fenced area ideal for pets. The finished lower level offers a large family/rec room, non-conforming 4th bedroom/flex room, 2nd bathroom, workshop and laundry/utility room. Large attached 2-car garage with storage/workshop space off the back. Recent updates include refinished hardwood floors, new furnace, A/C and water heater in 2025, plus fresh paint in 2026 and updated vinyl windows throughout. Conveniently located near parks, schools, shopping and dining. This move-in-ready home is a must-see!

5429 Sumter Avenue N, New Hope

Listing courtesy of ERA Prospera Real Estate.

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