7 days on Rocket
$4,453 Closing Credit¹
#21882746, Listing Office: Matt Curtis Real Estate, Inc.
New Hope Housing Market Report February 2025•Madison County, Alabama
Housing Prices in New Hope, AL
How much do homes in New Hope, AL cost?
Housing Market Conditions
Is New Hope, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Hope is a Buyer's Market
Difference Since February 2024
At the same time last year, New Hope was a Seller's Market.
Insight
New Hope is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$239,950$162/SqFt
-$44,050
-15.5%
Based on all homes sold in the last 12 months
Insight
Homes in New Hope have sold for 15.5% less than they did a year ago.
Summary: The median home sold price in New Hope was $239,950 in February 2025, down 15.5% from last year, and the median price per square foot was $162.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Owens Cross Roads | $390.7K | $394.9K | +1.1% |
| New Hope | $284K | $239.9K | -15.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $199K | $144.2K | -27.5% |
| 33 Bedrooms | $252K | $252.4K | 0.2% |
| 44 Bedrooms | $360.7K | $272.5K | -24.5% |
| 55+ Bedrooms | - | - | N/A |
Summary: New Hope housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.5%. The home price for 3 bedroom homes increased by 0.2%. The home price for 4 bedroom homes decreased by -24.5%. The home price for 5 bedroom homes did not change.
How does New Hope, AL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New Hope, AL
Housing supply in New Hope, AL
How many homes are available in New Hope, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthFeb 2025 | ||
| 242 months agoJan 2025 | -16.7 % Change MoMJan – Feb |
Summary: The New Hope real estate market had 20 homes for sale in Feb 2025, a 16.7 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 82 months agoJan 2025 | -87.5 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 20 | 13 | -35.0% |
| 44 Bedrooms | 4 | 6 | +50.0% |
| 55+ Bedrooms | 0 | 1 | +100.0% |
Summary: New Hope housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -35.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in New Hope, AL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in New Hope, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in New Hope in February 2025, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for New Hope, AL
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in New Hope, AL
What homes are available in New Hope, AL?
7 days on Rocket
$4,418 Closing Credit¹
#21882751, Listing Office: Matt Curtis Real Estate, Inc.
7 days on Rocket
$4,418 Closing Credit¹
#21882748, Listing Office: Matt Curtis Real Estate, Inc.
7 days on Rocket
$4,418 Closing Credit¹
#21882745, Listing Office: Matt Curtis Real Estate, Inc.
7 days on Rocket
$4,418 Closing Credit¹
#21882744, Listing Office: Matt Curtis Real Estate, Inc.
7 days on Rocket
$4,418 Closing Credit¹
#21882741, Listing Office: Matt Curtis Real Estate, Inc.
#21881209, Listing Office: Hampton Auction & Realty
#21880478, Listing Office: Hampton Auction & Realty
$3,443 Closing Credit¹
#21880396, Listing Office: Leading Edge, R.E. Group
Backup offers
$4,156 Closing Credit¹
#21880030, Listing Office: Capstone Realty Stovehouse
Backup offers
$6,601 Closing Credit¹
#21879896, Listing Office: Down Home Real Estate
#21879569, Listing Office: Leading Edge R.E. Group-Mad.
Nearby markets
Nearby markets aren't available for New Hope, AL
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MLS Disclaimers and Copyright
Based on information from ValleyMLS, for the period 03/01/2023 - 03/01/2025
The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2025 Valley MLS, Inc.
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.