New Hope, AL
Housing market overview · Updated weekly
$159,000median sale price
Homes sold
3
Last 12 weeks
Days on market
59
Average pace
Active listings
18
6.0 months supply
Sale-to-list
89.3%
Below asking
The New Hope housing market is currently classified as a buyer's market with a median sale price of $159,000. Prices have risen 11.6% compared to last year, with homes spending an average of 59 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in New Hope
There are currently 18 homes listed for sale in New Hope, Alabama. The median listing price is $300K.
Active listings
18
Homes on market
Median list price
$300K
Avg. days on market
59
Days until sale
New this week
4
Newly listed
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Frequently asked questions
What is the average home price in New Hope?
The median home sale price in New Hope is $159,000, up 11.6% from last year.
How long do homes stay on market in New Hope?
Homes typically spend 59 days on market before going under contract.
Is New Hope a buyer's or seller's market?
With 6.0 months of supply, New Hope is currently a buyer's market.
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