Compare cities · September 2026
New Hope vs. Shorewood
Homes in Shorewood sold for a median $930,500 over the 12 months through September 2026, 158% more than in New Hope ($361,000). Homes sold faster in New Hope: 34 days on market on average, against 63 in Shorewood. Shorewood's homes are newer, with a median year built of 1987 against 1969. New Hope is closer to downtown Minneapolis: about 18 minutes by car, against 31. The two are about 14 miles apart.
Housing market, 12 months through September 2026
| Measure | New Hope | Shorewood |
|---|---|---|
| Median sale price | $361,000 | $930,500 |
| Change from a year earlier | +2.1% | +5.7% |
| Homes sold | 253 | 114 |
| Days on market | 34 | 63 |
| Share of original list price | 100.1% | 97.6% |
| Price per square foot | $191 | $318 |
| New listings | 344 | 154 |
| Homes for sale (September 2026) | 52 | 32 |
| Months of supply (September 2026) | 2.5 | 3.3 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | New Hope | Shorewood |
|---|---|---|
| Median home value (owner estimate) | $337,000 | $703,200 |
| Median year built | 1969 | 1987 |
| Single-family homesShare of all housing units, detached houses | 52% | 95% |
| Owner-occupied homes | 53% | 93% |
| Median rent | $1,335 | $1,607 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | New Hope | Shorewood |
|---|---|---|
| Population (2024) | 20,745 | 7,557 |
| Land area | 5.1 sq mi | 5.3 sq mi |
| Drive to Downtown Minneapolis | 18 min | 31 min |
| Drive to Downtown Saint Paul | 31 min | 44 min |
| Drive to MSP Airport | 32 min | 36 min |
| Drive to Mall of America | 30 min | 32 min |
| Drive to University of Minnesota | 23 min | 35 min |
| Average commute to work | 19.4 min | 22.6 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 1 | 7 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
New Hope
School districts: Robbinsdale Public School District
Largest lakes: Northwood Lake (14 acres)
Shorewood
School districts: Minnetonka Public School District, Westonka Public School District
Largest lakes: Lake Minnetonka (14,206 acres), Minnewashta Lake (680 acres), Christmas Lake (267 acres), Lake Virginia (105 acres), Galpin Lake (46 acres)
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
New Hope or Shorewood?
Is New Hope or Shorewood more expensive?
Shorewood. The median sale price was $930,500 there and $361,000 in New Hope over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, New Hope or Shorewood?
New Hope: 34 days on market on average against 63, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
New Hope, about 18 minutes by car in light traffic (31 from Shorewood). To downtown Saint Paul: 31 minutes from New Hope, 44 from Shorewood.
How far apart are New Hope and Shorewood?
About 14 miles in a straight line between their centers.
Which has more lakes, New Hope or Shorewood?
Shorewood has more: 1 lakes of 10+ acres touch New Hope (largest: Northwood Lake) and 7 touch Shorewood (largest: Lake Minnetonka), by Minnesota DNR lake outlines.
Which school districts serve New Hope and Shorewood?
New Hope: Robbinsdale Public School District. Shorewood: Minnetonka Public School District and Westonka Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.
Should I buy in New Hope or Shorewood?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
Deciding between them?
See homes in New Hope and Shorewood.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.