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Featured local agent — Hope, IN
Sarah Mitchell
Compass Real Estate · Hope, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hope, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$110,000median sale price
How is the Hope, IN housing market right now?
The median home sale price in Hope, IN is $110,000, down 45.8% year-over-year. Homes sell in an average of 16 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hope a buyer's or seller's market?
Hope, IN is currently a seller's market, based on 1.0 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
16
Fast-moving
Active listings
3
1.0 months supply
Sale-to-list
87.4%
Below asking
What does the Hope housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $110,000 |
| Median list price | $182,000 |
| Year-over-year price change | -45.8% |
| Average days on market | 16 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 87.4% |
| Median price per sq ft | $85/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hope by property type?
How the Hope, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $110,000 | $85/sq ft | 3 | 16 days |
Source: Redfin · Updated monthly
The Hope housing market is currently classified as a seller's market with a median sale price of $110,000. Prices have fallen 45.8% compared to last year, with homes spending an average of 16 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Hope
There are currently 3 homes listed for sale in Hope, Indiana. The median listing price is $182K.
Active listings
3
Homes on market
Median list price
$182K
Avg. days on market
16
Days until sale
New this week
1
Newly listed
Who lives in Hope?
Population
1,988
Median income
$68,015/yr
Median age
31.5 years
Owner-occupied
77.5%
College grads
9.6%
Avg commute
25.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Hope?
Zillow home value
$257,054
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Hope?
Hope is a community of approximately 2K residents with a median age of 31.5 years.The median household income is $68,015, which represents a working-class community with solid middle-income opportunities. 9.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hope offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hope?
2 schools tracked · 930 students
The largest public schools serving Hope, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hope Elementary School
Grades K-6 · 513 students
Hauser Jr-Sr High School
Grades 7-12 · 417 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hope, IN?
Want a head-to-head view? Compare Hope side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hope?
The median home sale price in Hope is $110,000, down 45.8% from last year.
How long do homes stay on market in Hope?
Homes typically spend 16 days on market before going under contract.
What is the median income in Hope?
The median household income is $68,015 per year.
Is Hope a buyer's or seller's market?
With 1.0 months of supply, Hope is currently a seller's market.
What is the Zillow home value estimate for Hope?
The Zillow Home Value Index (ZHVI) for Hope is $257,054, representing the typical home value in the area.
How much does a single-family home cost in Hope?
The median single-family home price in Hope, IN is $110,000 (about $85 per square foot).
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