New Hope, AL

Buyer's market+11.6% YoY

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

Price drops:38.9%of listings
Sale-to-list:89.3%

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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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