Hope, NJ Foreclosures
How much do homes sell for in Hope, NJ?
The average home price is currently $371,368.
In Hope, NJ, how many homes are available?
There are currently 75 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 $710,600.
What is currently the cheapest priced home in Hope, NJ?
The cheapest home for sale in Hope is priced at $142,000.
Living in Hope, NJ
Hope, NJ combines rustic charm with a rich history, making it a delightful place to reside. Known for its scenic parks and outdoor adventures, this small town fosters a welcoming community atmosphere and provides access to necessary amenities. Ideal for those seeking a serene lifestyle away from urban chaos.
Current Market Conditions in Hope, NJ
The real estate market in Hope has displayed a steady increase in demand over the past few months, driven by buyers looking for peaceful living environments. Inventory levels remain low, leading to competitive bidding situations for available homes, which in turn is resulting in upward pressure on home prices.
Currently, the housing market is characterized by a variety of property types, including historic homes and newer constructions. Due to its attraction as a desirable place to live, Hope's real estate is witnessing a trend where homeowners are investing in renovations, further boosting property values.
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 $381,349.00. 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 $371,368.00, with the most expensive house
in Hope, NJ, topping out
at $710,600.00 and the cheapest home
in Hope, NJ,
clocking in at $142,000.00. 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.
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