New Hope, PA Housing Market & Real Estate

Balanced market-55.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in New Hope, PA is $340,000, down 55.8% year-over-year. Homes sell in an average of 5 days with 11 active listings. The market is currently a balanced market.

$340,000median sale price

Homes sold

2

Last 12 weeks

Days on market

5

Fast-moving

Active listings

11

5.5 months supply

Sale-to-list

103.0%

Above asking

New Hope, PA market data

Current housing market statistics for New Hope, PA
MetricValue
Median sale price$340,000
Median list price$1.75M
Year-over-year price change-55.8%
Average days on market5 days
Active inventory11 listings
Months of supply5.5 months
Sale-to-list price ratio103.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The New Hope housing market is currently classified as a balanced market with a median sale price of $340,000. Prices have fallen 55.8% compared to last year, with homes spending an average of 5 days on market, indicating 5.5 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 New Hope

There are currently 11 homes listed for sale in New Hope, Pennsylvania. The median listing price is $1.7M.

Active listings

11

Homes on market

Median list price

$1.7M

Avg. days on market

5

Days until sale

New this week

6

Newly listed

Price drops:18.2%of listings
Sale-to-list:103.0%

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Frequently asked questions

What is the average home price in New Hope?

The median home sale price in New Hope is $340,000, down 55.8% from last year.

How long do homes stay on market in New Hope?

Homes typically spend 5 days on market before going under contract.

Is New Hope a buyer's or seller's market?

With 5.5 months of supply, New Hope is currently a balanced market.

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