New Hope, PA Housing Market & Real Estate
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
| Metric | Value |
|---|---|
| Median sale price | $340,000 |
| Median list price | $1.75M |
| Year-over-year price change | -55.8% |
| Average days on market | 5 days |
| Active inventory | 11 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 103.0% |
| Market condition | Balanced 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
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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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