Housing Prices in Hope, MI
How much do homes in Hope, MI cost?
Median List Price
$335,700
$183/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Hope has increased by 84% since last year.
Summary: The median home list price in Hope was $335,700 in March 2024, up 84% from the previous year, and the median price per square foot was $183.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $99.5K | N/A |
| 2 Bedrooms | $159.4K | $229.9K | +44.2% |
| 3 Bedrooms | $239.9K | $449.5K | +87.4% |
| 4 Bedrooms | - | $650K | N/A |
| 5+ Bedrooms | $599K | $283.8K | -52.6% |
Summary: Hope housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.2%, 3 bedroom homes increased by 87.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 52.6%.
Median List Price Compared To Nearby Cities
| Hope | $182.4K | $335.7K | +84.0% |
| Hope Township | $212.4K | $335.7K | +58.1% |
| Mills Township | $239.9K | $267K | +11.3% |
| Billings Township | $154K | $150K | -2.6% |
| Edenville Township | $263K | $232K | -11.8% |
Housing Supply in Hope, MI
How many homes are available in Hope, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Summary: The Hope real estate market had 5 homes for sale in March 2024, a 150.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hope housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Days on Market for Hope, MI
How long does it take to sell a home in Hope, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 135 Days | 47 Days | -64.7% |
Summary: Homes in Hope had an average listing age of 47 days in Mar 2024, down by 64.7% compared to the previous year.
