Hope, NJ Foreclosures
How much do homes sell for in Hope, NJ?
The average home price is currently $366,503.
In Hope, NJ, how many homes are available?
There are currently 56 active home listings available in Hope.
What’s the average rental cost in Hope, NJ?
The average rental price in Hope is $1,786.
What is the most expensive home in Hope?
The most expensive home sold in Hope had a price of $614,741.
What is currently the cheapest priced home in Hope, NJ?
The cheapest home for sale in Hope is priced at $200,700.
Living in Hope, NJ
Hope, NJ is a quaint town nestled in rural Warren County, offering a tranquil lifestyle with easy access to outdoor activities and community events. Known for its historic charm and friendly atmosphere, Hope is perfect for families looking for a peaceful retreat while being minutes away from larger urban areas. Enjoy the natural beauty of the surrounding landscape, perfect for recreational pursuits.
Current Market Conditions in Hope, NJ
The real estate market in Hope has been steady, with a growing interest from families seeking a quieter lifestyle. Inventory has seen a gradual increase, allowing for more options for potential buyers though prices have also seen a moderate rise. Interest rates remain competitive, drawing buyers looking for homes that provide value given the area's attractive environment.
This year, Hope has seen an uptick in home sales, alongside a slight increase in median property prices. The trend indicates that the demand for homes in smaller towns like Hope is rising as buyers are seeking more space and a community-oriented lifestyle, often leading to multiple offers on desirable properties.
Home Value Estimator For Hope, NJ
There are currently 15 real estate properties
in Hope, NJ,
with a median automated valuation model (AVM) price
of $367,623.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hope, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hope, NJ,
is $366,503.00, with the most expensive house
in Hope, NJ, topping out
at $614,741.00 and the cheapest home
in Hope, NJ,
clocking in at $200,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hope, NJ!
Rent Prices
In Hope, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hope, NJ, is on
a rollercoaster ride. The
average rent price in Hope, NJ,
is $1,786.00. Indeed, when looking to rent in
Hope, NJ, you can expect to pay as little
as $1,530.00 or as much
as $2,050.00,
with the average rent median estimated to
be $1,830.00. The good news is that finding
an affordable and desirable property to rent in Hope, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
