Housing Prices in New Hope, TN
How much do homes in New Hope, TN cost?
Median List Price
$300,000
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in New Hope has remained the same since last year.
Summary: The median home list price in New Hope was $300,000 in May 2024, the same as the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $165K | +57.1% |
| 2 Bedrooms | $140K | - | N/A |
| 3 Bedrooms | $525K | $381K | -27.4% |
| 4 Bedrooms | $512K | $358.5K | -30.0% |
| 5+ Bedrooms | - | $250K | N/A |
Summary: New Hope housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.1%, 2 bedroom homes did not change, 3 bedroom homes decreased by 27.4%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Bryant | $150K | $235K | +56.7% |
| New Hope | $299.9K | $300K | 0.0% |
Housing Supply in New Hope, TN
How many homes are available in New Hope, TN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The New Hope real estate market had 3 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The New Hope housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for New Hope, TN
How long does it take to sell a home in New Hope, TN?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 37 Days | 44 Days | +20.7% |
Summary: Homes in New Hope had an average listing age of 44 days in May 2024, up by 20.7% compared to the previous year.
