New Hope Homes under $400,000

Welcome to New Hope, Minnesota – a vibrant community nestled in the heart of Hennepin County, where charm meets convenience. Just a stone's throw from the bustling Twin Cities, New Hope offers a delightful blend of suburban tranquility and urban accessibility. With its rich history, lush parks, and welcoming neighborhoods, it’s no wonder that many are choosing to call this city home.

New Hope boasts a variety of recreational opportunities, from the scenic trails of the New Hope Park to the family-friendly amenities at the New Hope Aquatic Center. The city is also known for its commitment to community events, including seasonal festivals and farmers' markets that bring residents together and celebrate local culture.

For those considering making New Hope their home, the real estate market has something for everyone, including a fantastic selection of homes priced under $400,000. Whether you're a first-time buyer, a growing family, or looking to downsize, you'll find charming single-family homes, townhouses, and condos that cater to diverse lifestyles. Many properties feature spacious yards, modern updates, and easy access to local schools and amenities, making them perfect for anyone looking to settle down in a friendly neighborhood.

With its affordable housing options, strong sense of community, and proximity to the vibrant Twin Cities, New Hope is an ideal place to start your next chapter. Explore the possibilities and discover why New Hope is not just a place to live, but a place to thrive!

Newest New Hope Homes under $400,000

$275,000

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7153322 MLS ⋅ 1,423 SqFt.

Great opportunity to own a solid 3-bedroom home at a hard-to-find price in this neighborhood. This rambler-style, New Hope home has three beds and 1 full bath on the main level, a spacious living room with hardwood floors, and an eat-in kitchen that looks out to the backyard. The main floor is freshly-painted throughout. Downstairs, there is a large, partially finished area for a family room, a smaller room that would make a good office or craft room, and a large space at the bottom of the stairs that is additional bonus space. There is also a utility room and laundry room. Bring your ideas to the basement and make it yours, as some paint and a bit of updating will add instant equity to this home. Outside, there is a large, fully-fenced backyard, a concrete patio, a two-car garage and a large driveway. It's a block away from Meadow Lake Elementary, and a block from Liberty Park. Convenient access to highways 169, 94/694 and 81.

8931 61st Avenue N, New Hope

Listing courtesy of Keller Williams Premier Realty.

$369,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7156388 MLS ⋅ 1,090 SqFt.

This is a must see renovation!! Amazing top of the line kitchen, newer windows, newer roof and so much more! 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. 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 new blinds in 2024, newer high-quality windows, and new HVAC installed in 2010.

4664 Hillsboro Avenue N, New Hope

Listing courtesy of Coldwell Banker Realty.

$399,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7156328 MLS ⋅ 2,188 SqFt.

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

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7156315 MLS ⋅ 1,638 SqFt.

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

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7154989 MLS ⋅ 1,857 SqFt.

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

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7155728 MLS ⋅ 982 SqFt.

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

COMING SOON Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7155306 MLS ⋅ 2,004 SqFt.

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.

$274,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7146177 MLS ⋅ 1,725 SqFt.

Welcome to this inviting 2-bedroom, 2-bathroom home in New Hope! The main level features a comfortable layout with plenty of natural light, while the living room offers a cozy fireplace and the loft provides flexible additional space for a home office, reading area, or whatever suits your needs. The kitchen has been updated with a new range, microwave, and dishwasher. Enjoy outdoor living on the patio, complete with a privacy fence for added seclusion. A 2-car garage provides convenient parking and additional storage. With a functional layout, cozy living spaces, and versatile loft, this home is ready for you to make it your own!

7623 Elm Grove Avenue, New Hope

Listing courtesy of Pemberton RE.

2800 Hillsboro Avenue N Unit 307, New Hope

$138,500

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7153312 MLS ⋅ 1,085 SqFt.

Beautifully renovated top-floor, end-unit condo featuring the largest floor plan in the building! This bright and spacious home has been extensively updated throughout, including a new kitchen with new cabinetry, countertops, appliances, and fixtures, along with beautifully updated bathrooms. New flooring and carpet, fresh professional paint, and updated finishes throughout give the entire home a clean, move-in-ready feel. Enjoy the privacy and quiet of a third-floor end unit along with great views from your private walk-out balcony. The generous floor plan provides comfortable living and dining spaces, while the extensive renovations mean the next owner can simply move in and enjoy. A rare opportunity to own one of the building's most desirable units—top floor, end unit, largest floor plan, and beautifully updated throughout.

2800 Hillsboro Avenue N Unit 307, New Hope

Listing courtesy of Fish MLS Realty.

$349,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7152309 MLS ⋅ 2,084 SqFt.

Nicely updated four bedroom home on an oversized lot with a private yard. Inside, you'll find a spacious family room addition that gives you a flexible space for gatherings, a home theater, or a playroom. The newer kitchen opens up to the back family room and is ready for everyday cooking and entertaining. The updated main floor bathroom, new flooring, and fresh paint mean you can move right in. Car lovers and hobbyists will appreciate the oversized garage, which has plenty of room for vehicles, storage, and a workshop. Convenient to parks, shopping, and major commuter routes. Don't miss this one!

5201 Pennsylvania Avenue N, New Hope

Listing courtesy of Coldwell Banker Realty.

6007 W Broadway Avenue Unit 303, New Hope

$112,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7114397 MLS ⋅ 814 SqFt.

Welcome to this inviting 2-bedroom, 1-bathroom condo in New Hope, offering the ease and convenience of true one-level living. With 814 square feet and a functional floor plan, this home provides comfortable living spaces in a low-maintenance setting. The thoughtfully arranged interior features a welcoming living area, two bedrooms, and an efficient layout that makes the most of every square foot. With everything located on one level, the home offers everyday convenience whether you're purchasing your first home, downsizing, or simply looking for a more manageable lifestyle. A detached heated garage provides secure parking, additional storage, and added comfort during the colder Minnesota months. When summer arrives, enjoy access to the shared outdoor pool, perfect for relaxing, cooling off, and making the most of warm weather. Conveniently located in New Hope with easy access to everyday amenities, this condo combines comfortable one-level living, valuable community amenities, and the convenience of a heated garage in an easy-to-maintain package.

6007 W Broadway Avenue Unit 303, New Hope

Listing courtesy of Pemberton RE.

$395,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7150342 MLS ⋅ 2,300 SqFt.

Tucked away on a quiet cul-de-sac and shaded by mature trees, this is the kind of street where you can still ride bikes until the streetlights come on. Step inside to a designer kitchen made for real life, morning coffee, weeknight dinners, holiday chaos, all of it. The updates feel like a little daily luxury, and the cozy porch is basically calling your name for slow Sunday mornings. Four bedrooms give everyone their own corner, while the private backyard is your blank canvas for summer cookouts or a quiet reading nook. Add in walking distance to school and parks, and you've got the rare combination of space, style, and location that doesn't come around often. This one isn't just a house; it's the setting for what comes next.

7740 47 1/2 Place N, New Hope

Listing courtesy of Bridge Realty, LLC.

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