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Featured local agent — New Hope, PA
Sarah Mitchell
Compass Real Estate · New Hope, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Hope, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.77Mmedian sale price
How is the New Hope, PA housing market right now?
The median home sale price in New Hope, PA is $1.77M, up 108.3% year-over-year. Homes sell in an average of 48 days with 19 active listings. The market is currently a balanced 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, PA is currently a balanced market, based on 3.2 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
48
Average pace
Active listings
19
3.2 months supply
Sale-to-list
97.6%
Below asking
What does the New Hope housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.77M |
| Median list price | $1.60M |
| Year-over-year price change | +108.3% |
| Average days on market | 48 days |
| Active inventory | 19 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 97.6% |
| Median price per sq ft | $981/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 12 |
| Listings with a price cut | 36.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in New Hope by property type?
How the New Hope, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Townhouse | $1.54M | $981/sq ft | 3 | 44 days |
Source: Redfin · Updated monthly
The New Hope housing market is currently classified as a balanced market with a median sale price of $1.77M. Prices have risen 108.3% compared to last year, with homes spending an average of 48 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.1x provides context for how home values compare to local earning capacity.
Homes for sale in New Hope
There are currently 19 homes listed for sale in New Hope, Pennsylvania. The median listing price is $1.6M.
Active listings
19
Homes on market
Median list price
$1.6M
Avg. days on market
48
Days until sale
New this week
12
Newly listed
Who lives in New Hope?
Population
2,623
Median income
$158,929/yr
Median age
58.1 years
Owner-occupied
63.0%
College grads
74.9%
Avg commute
33.1 min
Source: U.S. Census Bureau ACS
What are homes worth in New Hope?
Zillow home value
$975,375
Price-to-income
6.1x
Source: Zillow Research
What is it like to live in New Hope?
New Hope is a community of approximately 3K residents with a median age of 58.1 years.The median household income is $158,929, which reflects a relatively affluent area with strong earning potential. 74.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 63.0%, showing a blend of owner and renter-occupied properties. The average commute time is 33.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Hope offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Hope?
3 schools tracked · 1,023 students
The largest public schools serving New Hope, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New Hope-Solebury HS
Grades 9-12 · 447 students
New Hope-Solebury MS
Grades 6-8 · 303 students
New Hope-Solebury Upper El Sch
Grades 3-5 · 273 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Hope, PA?
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 $1.77M, up 108.3% from last year.
How long do homes stay on market in New Hope?
Homes typically spend 48 days on market before going under contract.
What is the median income in New Hope?
The median household income is $158,929 per year.
Is New Hope a buyer's or seller's market?
With 3.2 months of supply, New Hope is currently a balanced market.
What is the Zillow home value estimate for New Hope?
The Zillow Home Value Index (ZHVI) for New Hope is $975,375, representing the typical home value in the area.
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