The housing market in New Hope continues to see strong price appreciation, with values up 13.6% compared to last year. Home prices have increased 95.2% in the past month alone. With 19 active listings, inventory is 58% higher than seasonal norms. Transaction volume is up 100% compared to what's typically expected this time of year. A significant 26.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the New Hope market with the affordability index at 635.5. Based on current market indicators, home prices in New Hope are projected to decrease by approximately 8.7% over the next month.
New Hope, AL has a total population of 2,858 residents. The area is predominantly White (96.4%), The area has a more homogeneous population distribution. The small population size creates an intimate community atmosphere in New Hope, AL.
Crime analysis for New Hope, AL shows 11 total incidents across all categories. The most prevalent crime type is Property Crime (54.5% of all incidents). This is followed by Assault at 36.4%. The crime rate in New Hope, AL is very low, with violent crimes being more common than property crimes. This suggests New Hope, AL is generally a safe area for residents and visitors.
Market predictions for New Hope, AL show relatively stable home prices with minimal change (1.6%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in New Hope, AL is approximately $280,708.651. The stable price trend suggests a balanced market in New Hope, AL, suitable for both buyers and sellers.
Log in to view more
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A
✓ Free market analysis ✓ Cancel anytime
Disclaimer: All investment decisions involve risks, and the information provided by Pulsereal is for informational purposes only. We do not guarantee any specific outcomes, returns, or profitability. Users are encouraged to conduct their own due diligence and consult with a financial advisor or real estate professional before making any investment decisions. Pulsereal is not responsible for any losses or damages arising from the use of the platform or reliance on the provided information.
Copyright © 2025 Pulse Real LLC.