New Hope Homes under $400,000

Welcome to New Hope, Minnesota—a vibrant community nestled in the heart of Hennepin County, where suburban charm meets urban convenience! Known for its friendly neighborhoods and rich diversity, New Hope offers an inviting atmosphere for families, young professionals, and retirees alike. Just a short drive from downtown Minneapolis, residents enjoy easy access to cultural attractions, shopping, and recreational activities, all while relishing the peacefulness of suburban living.

One of the standout features of New Hope is its impressive array of homes available for under $400,000. This affordability makes it an ideal location for first-time homebuyers and those looking to downsize without sacrificing quality or comfort. From cozy single-family homes to well-maintained townhouses, the options are diverse and cater to various lifestyles. Many properties boast spacious yards, modern amenities, and proximity to parks and schools, ensuring that you find the perfect fit for your family’s needs.

In addition to its appealing housing market, New Hope is home to an abundance of parks and recreational facilities. Residents can enjoy walking trails, sports fields, and playgrounds, fostering a strong sense of community and outdoor engagement. Whether you're exploring the scenic beauty of the local parks or dining at one of the charming eateries, New Hope offers a delightful blend of leisure and lifestyle.

Discover your dream home in New Hope today, where affordability meets the warmth of a welcoming community! With homes under $400,000, you’ll find the perfect place to create lasting memories in this enchanting city.

Newest New Hope Homes under $400,000

$399,900

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-homes like this don't last!

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.

$274,900

2 Beds ⋅ 2 Baths ⋅ 7146177 MLS

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

2 Beds ⋅ 2 Baths ⋅ 7153312 MLS

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

4 Beds ⋅ 2 Baths ⋅ 7152309 MLS

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

2 Beds ⋅ 1 Baths ⋅ 7114397 MLS

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

4 Beds ⋅ 2 Baths ⋅ 7150342 MLS

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.

2800 Hillsboro Avenue N Unit 315, New Hope

$85,000

1 Beds ⋅ 1 Baths ⋅ 7148248 MLS

Welcome home to this third floor 1-bedroom, 1-bathroom condo in New Hope! This unit offers a comfortable layout with a spacious living room featuring access to an 11' X '10 private deck-perfect for enjoying your morning coffee or relaxing outdoors! The condo includes underground parking space #56 and a storage unit within the building. The HOA offers a great selection of amenities, including an exercise room, sauna and outdoor pool, along with handling maintenance of the common amenities and building grounds. The flooring has been removed in portions of the unit, providing an opportunity for the next owner to complete the space to their own preferences! Rentals are permitted with restrictions. No pets allowed, except service animals. Conveniently located with easy access to shopping, dining, parks and Highway 169.

2800 Hillsboro Avenue N Unit 315, New Hope

Listing courtesy of Northwoods Real Estate Group LLC.

$379,000

4 Beds ⋅ 3 Baths ⋅ 7109963 MLS

FUN, FABULOUS LOT, & 10+ LOCATION! Discover this warm and welcoming one-of-a-kind home offering an expansive open floor plan with versatile living and entertaining spaces inside and out! You will love the abundance of windows throughout that capture the scenic outdoors and allow for amazing sun filled spaces. The bright and airy living room showcases a cedar tongue & groove beamed and vaulted ceiling, wood accent wall and walkout to rear deck, the main floor family room features a brick wood burning fireplace, second walkout to the backyard, and convenient half bath. You will love the granite and stainless steel kitchen with breakfast bar and adjacent dining space. The upper level offers 3 bedrooms on one level with a walk-thru primary bath including a jacuzzi tub and separate tiled walk-in shower. The lower level provides the 4th bedroom, full bath and versatile den/office space - easily add an egress window for a 5th bedroom. Extend your living space outdoors - beautiful .44 acre lot with huge fenced backyard - entertain on the large upper deck or main deck. Home sits on a low traffic, no outlet street. Finished 3 car garage with 768sqft plus a storage shed. BRAND NEW roof in July, exterior and interior painted 2025, interior doors replaced. Ultra convenient access to freeways and within walking distance to popular Liberty Park!

5952 Independence Avenue N, New Hope

Listing courtesy of RE/MAX Results.

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