Mount Hope, NJ Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Mount Hope, NJ is $325,000, down 17.2% year-over-year. Homes sell in an average of 80 days with 17 active listings. The market is currently a balanced market.
$325,000median sale price
Is Mount Hope a buyer's or seller's market?
Mount Hope, NJ is currently a balanced market, based on 3.4 months of supply and homes selling in about 80 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
80
Average pace
Active listings
17
3.4 months supply
Sale-to-list
99.7%
Below asking
Mount Hope, NJ market data
| Metric | Value |
|---|---|
| Median sale price | $325,000 |
| Median list price | $460,775 |
| Year-over-year price change | -17.2% |
| Average days on market | 80 days |
| Active inventory | 17 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 99.7% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Mount Hope housing market is currently classified as a balanced market with a median sale price of $325,000. Prices have fallen 17.2% compared to last year, with homes spending an average of 80 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Mount Hope
There are currently 17 homes listed for sale in Mount Hope, New Jersey. The median listing price is $461K.
Active listings
17
Homes on market
Median list price
$461K
Avg. days on market
80
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Mount Hope?
The median home sale price in Mount Hope is $325,000, down 17.2% from last year.
How long do homes stay on market in Mount Hope?
Homes typically spend 80 days on market before going under contract.
Is Mount Hope a buyer's or seller's market?
With 3.4 months of supply, Mount Hope is currently a balanced market.
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