8317 40th Ave N, New Hope, MN 55427
Property image
Property image
OFF MARKET

$374,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,833 sqft

8317 40th Ave N, New Hope, MN 55427

Refinance Your Home
Currently Off Market - Sold Aug 27, 2020 for $305,000

Home Value

Trulia Estimate
$374K
Since last month
Decreased$2K (-0.4%)
Since last year
Increased$8K (+2.1%)
Since last sale
Increased$69K (+22.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +66% in the last 10 years
MonthEstimated value
2026
August 2026$374K
August 2026$373K
July 2026$375K
June 2026$381K
May 2026$379K
April 2026$378K
March 2026$374K
February 2026$369K
January 2026$361K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3981 Zealand Ave N, New Hope, MN
0.10
Single-Family Home
$425,000
10/03/25
3
2
1,768
4064 Cavell Ave N, New Hope, MN
0.27
Single-Family Home
$347,000
03/13/26
3
2
2,194
3830 Boone Ave N, New Hope, MN
0.23
Single-Family Home
$350,000
12/08/25
3
2
2,144
3916 Ensign Ave N, New Hope, MN
0.26
Single-Family Home
$360,000
05/28/26
3
1.5
2,392
8009 40th Ave N, New Hope, MN
0.19
Single-Family Home
$355,000
10/31/25
5
2
1,939
8209 38th Ave N, New Hope, MN
0.25
Single-Family Home
$450,000
05/28/26
4
2
2,080
9117 Northwood Pkwy, New Hope, MN
0.43
Single-Family Home
$375,000
09/30/25
3
2
1,963
3909 Xylon Ave N, New Hope, MN
0.12
Single-Family Home
$441,000
08/17/26
4
3
2,244
3824 Gettysburg Ave N, New Hope, MN
0.48
Single-Family Home
$381,500
02/06/26
3
2
1,848
3832 Gettysburg Ave N, New Hope, MN
0.46
Single-Family Home
$365,000
03/27/26
3
2
1,632

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3948 Xylon Ave N, New Hope, MN 55427
0.08
$373,700
4
1.5
1,598
Off Market
3941 Zealand Ave N, New Hope, MN 55427
0.07
$437,500
4
2
1,678
Off Market
8316 Hopewood Ln N, Minneapolis, MN 55427
0.09
$392,100
4
2.5
2,420
Off Market
3981 Wisconsin Ave N, New Hope, MN 55427
0.09
$486,500
4
3
2,480
Off Market
3916 Xylon Ave N, New Hope, MN 55427
0.11
$403,000
3
2
2,127
Off Market
3984 Zealand Ave N, New Hope, MN 55427
0.07
$401,500
3
2
1,805
Off Market
3909 Xylon Ave N, New Hope, MN 55427
0.12
$441,000
4
3
2,244
Recently Sold
3908 Xylon Ave N, New Hope, MN 55427
0.13
$365,500
3
1.5
2,138
Off Market
8416 Hopewood Lane N, Minneapolis, MN 55427
0.11
$386,200
4
1.5
1,827
Off Market
8401 Hopewood Ln N, Minneapolis, MN 55427
0.13
$345,800
3
2
1,993
Off Market
3981 Zealand Ave N, New Hope, MN 55427
0.10
$433,500
3
2
1,768
Off Market
8500 Hopewood Ln N, Minneapolis, MN 55427
0.12
$360,100
3
2
1,583
Off Market

Local Information

  • Map ViewExplore the area around 8317 40th Ave N.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1964
Living Area
1,833 sqft
Price/Sqft
$204
Parking
Garage

About this House

This single-family home is located at 8317 40th Ave N, New Hope, MN. 8317 40th Ave N is in New Hope, MN and in ZIP code 55427. This property has 3 bedrooms, 2 bathrooms and approximately 1,833 sqft of floor space. This property has a lot size of 10019 sqft and was built in 1964.
8317 40th Ave N, New Hope, MN 55427 is a 3 bedroom, 2 bathroom, 1,833 sqft single-family home built in 1964. It last sold for $305,000 on Aug 27, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $374,300, with a rent estimate of $2,469/month.

Home Details for 8317 40th Ave N

Interior Features

Interior Details
BasementNumber of Rooms: 4Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Stone, Vinyl, Brick
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1964Year Updated: 1974
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 10018 sqft

Price and Tax history

DateEventPrice
Aug 27, 2020
Source: NorthstarMLS as distributed by MLS GRID #5623357
Sold
$305,000
Jul 27, 2020
Source: Agent Provided
Pending
$290,000
Jul 17, 2020
Source: Agent Provided
Listed For Sale
$290,000
Dec 8, 2004
Source: N/A
Sold
$217,000
Dec 29, 1998
Source: N/A
Sold
$132,850

Market trends in New Hope

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$361K
$4.82KMoM
Sale-to-List Price
101.8%
0.2%MoM
Price per sq ft
$174
$7MoM
Available listings
72
8MoM

Around this home

What Locals Say about New Hope

At least 103 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 88 % Say car is needed

  • 78 % Say parking is easy

  • 70 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 69 % Say kids play outside

  • 65 % Say it's quiet

  • 59 % Say there are sidewalks

  • 56 % Say it's walkable to restaurants

  • 55 % Say streets are well-lit

  • 55 % Say people would walk alone at night

  • 53 % Say they plan to stay for at least 5 years

  • 48 % Say neighbors are friendly

  • 46 % Say there's wildlife

  • 43 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Megan.zemien
    " Mixed style homes with a diverse community. Many shops, food, and parks nearby for daily adventures "
    0
    Flag
  • Theresa
    "Very dog friendly neighborhood and city. Lots of people walking around with their dogs daily. There’s a park nearby where you can walk your dogs around on as well."
    0
    Flag
  • Emily V.
    "it's a super nice neighborhood and I've loved growing up here. neighbors have always been friendly, and we have a block party every year."
    1
    Flag
  • Vanessa F. A.
    "there are families in our neighborhood. There are a lot of kids and families who enjoy the playground and park in the neighborhood. "
    0
    Flag
  • Jackie O.
    "i grew up here and raised my kids here. it’s close to almost everything i want to do or go to. it’s a small town in a big city. "
    0
    Flag
  • Marykropelnicki
    "Everyone is polite and helpful. And we watch out for you each other easy to get to near by stores. Newest parks for kids "
    1
    Flag
  • Lori F.
    "Loads of dogs and young families. Many people are out walking their dogs. In the summer, many enclosed skating rinks turn into seasonal dog parks."
    0
    Flag
  • Sue M. .
    "There are a lot of dogs in my neighborhood. My dog loves it and we always see other dogs being walked as well"
    0
    Flag
  • Lori F.
    "Duk Duk Daze, blood drives, market places and wonderful retail, restaurants and shopping options. It’s a great place to live."
    0
    Flag
  • Diana E. R.
    "the annual night out and all the neighbors get together for a good time (they also bring their pets with so we all get to know the neighborhood dogs!)"
    0
    Flag
  • Nathaniel Q.
    "Safe community and friendly neighborhood. Everyone watches each other's backs. Good for raising kids. "
    0
    Flag
  • Tom
    "Our neighborhood is a good mix of old & new families. Kids ride their bikes and everyone smiles. Liberty Park has a warming house and skating rink in the winter. During the summer, the skating rink walls turn into a place to let your dog run off leash safely. "
    0
    Flag
  • Tiffany P.
    "lots of other dogs around here. it depends if that is good or bad though depending on your dogs personality, whether they like other dogs or not."
    1
    Flag
  • Felicia J.
    "How close all the stores are and there’s a lot of parks within walking distance. My kids are able to play outside with no worries."
    0
    Flag
  • Leslie
    "I don’t attend any community events. Nice neighborhood but I would rather not become friends with neighbors - been there, done that."
    0
    Flag
  • Tiffany P.
    "its unique because even though its a busy area traffic wise and population, it still feels like you have a lot of privacy "
    0
    Flag
  • Jordan R.
    "The kid outside always playing around and the parks are always full of people I’m always in the community helping out "
    0
    Flag
  • Tiffany P.
    "right off 100 and 169 so super easy to get anywhere by highway. Also right on bus line so even more accessible"
    0
    Flag
  • Meghan W
    "Lots of dogs to play. Dogs and people walk a lot and most people are relatively nice to be around. Neighbors are helpful and the dogs are cute. I would just tell people to make sure they pick up their dog poop."
    0
    Flag
  • justrenting
    "A lot of police in the area and if your new in the neighborhood they watch you and come to talk to you if your outside to check you out"
    0
    Flag
  • Ariane T. C.
    "I don’t think that there are very many issues in regards to dogs, there aren’t too many in the area that make much noise. There are plenty of parks in this area and even a dog park not too far away. "
    0
    Flag
  • Dana C.
    "I walk my dogs often in the neighborhood and the streets are well lit and neighbors and pets very friendly. I love this area and feel very safe."
    0
    Flag
  • Tmoneyhollaaa
    "Peaceful area with access to shopping and quiet neighborhoods. We enjoy living here for the past 4 years "
    1
    Flag
  • Missbettmc
    "it's a pretty quiet neighborhood since I've been living here for 4 years. never had any problems or concerns and then lots of stores in Walking"
    1
    Flag
  • Ebony S.
    "I've lived here for 13 years. Never had any problems or safety issues. Very nice environment and many nice and convenient places to shop. Great schools to choose from for your children,,if you have any. The people are very nice also."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 8317 40th Ave N

  • What is 8317 40th Ave N estimated to be worth?
    Trulia's estimated value for 8317 40th Ave N in New Hope, MN is $374,300.
  • What is the price history for 8317 40th Ave N?
    8317 40th Ave N in New Hope, MN last sold for $305,000 in August 2020.
  • Is New Hope a buyer's or seller's market?
    New Hope is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in New Hope?
    The median sale price in New Hope is $361K. That is up $4.82K from the prior month.
  • Does 8317 40th Ave N have laundry facilities?
    Yes, 8317 40th Ave N in New Hope, MN has in-unit laundry.
  • How big is the lot at 8317 40th Ave N?
    The lot at 8317 40th Ave N in New Hope, MN is about 0.23 acres (10,019 sq ft).

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