Housing in New Hope, AL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$249,000

Median List Price

$249,950

Price Per Sq Ft

$174

Days on Market

16

Active Inventory

20

Months of Supply

20.0

Buyer's market

Zillow Home Value

$221,073

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 6.5%List Price 19.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

92.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
30.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

6

Pending Sales

7

Homes Sold 50.0%New Listings 20.0%Pending 22.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$174

Median List $/SF

$160

Sale $/SF 8.1%List $/SF 16.8%Mar 24Jan 26

New Hope vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. New Hope is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$158,200

Median Rent

$692

Total Housing Units

1,076

Vacancy Rate

9.0%

Owner Occupied

79.4%

Renter Occupied

20.6%

Median Property Tax

$533

per year

Monthly Cost (w/ Mortgage)

$1,030

Housing Types

Single Family
77.0%
Multi-Family
4.8%
Mobile Home
18.2%

The current median sale price in New Hope, AL is $249,000 according to Redfin data. Homes spend a median of 16 days on the market. 0.0% of homes sold above asking price. The market has 20.0 months of supply. The median price per square foot is $174. The median rent is $692 per month (Census ACS). About 79.4% of housing units are owner-occupied. The median year homes were built is 1989. There are 1,076 total housing units.