Housing in Hope, NJ

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

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$285,000

Median List Price

N/A

Days on Market

324

Active Inventory

N/A

Price Trends

Source: Redfin

Sale Price ↓ 8.8%List Price ↑ 0.0%Nov 24 → Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

107.5%

Seller's market

Sold Above Asking

100.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↓ 50.0%New Listings ↑ 0.0%Pending ↑ 0.0%Nov 24 → Oct 25

Hope vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

76th%ilemost expensive$312,500show rank

Median Rent

75th%ilemost expensive rent$1,303show rank

Rent Burden

59th%ilehighest rent burden19.9%show rank

Census Housing Data

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

Median Home Value

$312,500

Median Rent

$1,303

Total Housing Units

105

Vacancy Rate

12.4%

Owner Occupied

54.4%

Renter Occupied

45.6%

Median Property Tax

$6,739

per year

Monthly Cost (w/ Mortgage)

$1,667

Housing Types

Single Family

100.0%

Multi-Family

0.0%

Mobile Home

0.0%

The current median sale price in Hope, NJ is $285,000 according to Redfin data. Homes spend a median of 324 days on the market. 100.0% of homes sold above asking price. The median rent is $1,303 per month (Census ACS). About 54.4% of housing units are owner-occupied. The median year homes were built is 1958. There are 105 total housing units.