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Featured local agent — New Hope, OR
Sarah Mitchell
Compass Real Estate · New Hope, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Hope, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$535,000median sale price
How is the New Hope, OR housing market right now?
The median home sale price in New Hope, OR is $535,000, down 1.8% year-over-year. Homes sell in an average of 38 days with 9 active listings. The market is currently a buyer'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 New Hope a buyer's or seller's market?
New Hope, OR is currently a buyer's market, based on 9.0 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
38
Average pace
Active listings
9
9.0 months supply
Sale-to-list
97.7%
Below asking
What does the New Hope housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $535,000 |
| Median list price | $967,500 |
| Year-over-year price change | -1.8% |
| Average days on market | 38 days |
| Active inventory | 9 listings |
| Months of supply | 9.0 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $265/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 22.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in New Hope by property type?
How the New Hope, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $535,000 | $265/sq ft | 1 | 38 days |
Source: Redfin · Updated monthly
The New Hope housing market is currently classified as a buyer's market with a median sale price of $535,000. Prices have fallen 1.8% compared to last year, with homes spending an average of 38 days on market, indicating 9.0 months of inventory.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
There are currently 9 homes listed for sale in New Hope, Oregon. The median listing price is $968K.
Active listings
9
Homes on market
Median list price
$968K
Avg. days on market
38
Days until sale
New this week
2
Newly listed
Who lives in New Hope?
Population
1,529
Median income
$77,768/yr
Median age
51.9 years
Owner-occupied
97.0%
College grads
18.4%
Avg commute
22 min
Source: U.S. Census Bureau ACS
What is it like to live in New Hope?
New Hope is a community of approximately 2K residents with a median age of 51.9 years.The median household income is $77,768, which reflects a relatively affluent area with strong earning potential. 18.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 97.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 22 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, OR?
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 $535,000, down 1.8% from last year.
How long do homes stay on market in New Hope?
Homes typically spend 38 days on market before going under contract.
What is the median income in New Hope?
The median household income is $77,768 per year.
Is New Hope a buyer's or seller's market?
With 9.0 months of supply, New Hope is currently a buyer's market.
How much does a single-family home cost in New Hope?
The median single-family home price in New Hope, OR is $535,000 (about $265 per square foot).
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