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Featured local agent — New Hope, KY
Sarah Mitchell
Compass Real Estate · New Hope, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Hope, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$114,000median sale price
How is the New Hope, KY housing market right now?
The median home sale price in New Hope, KY is $114,000. Homes sell in an average of 15 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of June 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Hope a buyer's or seller's market?
New Hope, KY is currently a leaning buyer's and homes selling in about 15 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
15
Fast-moving
Active listings
—
Sale-to-list
95.0%
Below asking
What does the New Hope housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $114,000 |
| Average days on market | 15 days |
| Sale-to-list price ratio | 95.0% |
| Median price per sq ft | $106/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in New Hope by property type?
How the New Hope, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $114,000 | $106/sq ft | 1 | 15 days |
Source: Redfin · Updated monthly
The New Hope housing market is currently classified as a leaning buyer's with a median sale price of $114,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 15 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in New Hope
Explore homes currently listed for sale in New Hope, Kentucky across major real estate platforms.
Who lives in New Hope?
Population
39
Median age
35.1 years
Owner-occupied
100.0%
College grads
45.0%
Source: U.S. Census Bureau ACS
What are homes worth in New Hope?
Zillow home value
$243,366
Source: Zillow Research
What is it like to live in New Hope?
New Hope is a community of approximately 0K residents with a median age of 35.1 years. 45.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, New Hope offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near New Hope, KY?
Want a head-to-head view? Compare New 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 New Hope?
The median home sale price in New Hope is $114,000, down 0.0% from last year.
How long do homes stay on market in New Hope?
Homes typically spend 15 days on market before going under contract.
What is the Zillow home value estimate for New Hope?
The Zillow Home Value Index (ZHVI) for New Hope is $243,366, representing the typical home value in the area.
How much does a single-family home cost in New Hope?
The median single-family home price in New Hope, KY is $114,000 (about $106 per square foot).
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