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Featured local agent — New Hope, MS
Sarah Mitchell
Compass Real Estate · New Hope, MS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Hope, MS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$190,000median sale price
How is the New Hope, MS housing market right now?
The median home sale price in New Hope, MS is $190,000. Homes sell in an average of 181 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of October 2025 — 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, MS is currently a buyer's market and homes selling in about 181 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
181
Average pace
Active listings
—
Sale-to-list
95.0%
Below asking
What does the New Hope housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $190,000 |
| Average days on market | 181 days |
| Sale-to-list price ratio | 95.0% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in New Hope by property type?
How the New Hope, MS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $190,000 | $121/sq ft | 1 | 181 days |
Source: Redfin · Updated monthly
The New Hope housing market is currently classified as a buyer's market with a median sale price of $190,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 181 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in New Hope
Explore homes currently listed for sale in New Hope, Mississippi across major real estate platforms.
Who lives in New Hope?
Population
3,587
Median income
$79,250/yr
Median age
35.6 years
Owner-occupied
83.2%
College grads
32.6%
Avg commute
23.6 min
Source: U.S. Census Bureau ACS
What is it like to live in New Hope?
New Hope is a community of approximately 4K residents with a median age of 35.6 years.The median household income is $79,250, which reflects a relatively affluent area with strong earning potential. 32.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Hope offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near New Hope, MS?
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 $190,000, down 0.0% from last year.
How long do homes stay on market in New Hope?
Homes typically spend 181 days on market before going under contract.
What is the median income in New Hope?
The median household income is $79,250 per year.
How much does a single-family home cost in New Hope?
The median single-family home price in New Hope, MS is $190,000 (about $121 per square foot).
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