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Foreclosures in New Hope, KY

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New Hope, KY Foreclosures

How much do homes sell for in New Hope, KY?
The average home price is currently $279,646.
In New Hope, KY, how many homes are available?
There are currently 4 active home listings available in New Hope.
What’s the average rental cost in New Hope, KY?
The average rental price in New Hope is $1,058.
What is the most expensive home in New Hope?
The most expensive home sold in New Hope had a price of $1,721,894.
What is currently the cheapest priced home in New Hope, KY?
The cheapest home for sale in New Hope is priced at $21,445.

Living in New Hope, KY

New Hope, KY is a charming small town that offers a peaceful rural lifestyle with a close-knit community atmosphere. The area is known for its beautiful natural scenery and outdoor recreation opportunities, making it an ideal place for families and individuals looking for a tranquil living environment.

Current Market Conditions in New Hope, KY

The current real estate market in New Hope shows a steady increase in home prices as demand continues to grow, particularly among families seeking a quieter life outside the bustling cities.

Overall, properties in New Hope have been receiving significant interest, especially from those relocating from metropolitan areas in search of more space and affordability. There has been a notable demand for homes with land, reflecting a trend towards a rural lifestyle.

Home Value Estimator For New Hope, KY

There are currently 262 real estate properties in New Hope, KY, with a median automated valuation model (AVM) price of $211,593.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Hope, KY, 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 New Hope, KY, is $279,646.00, with the most expensive house in New Hope, KY, topping out at $1,721,894.00 and the cheapest home in New Hope, KY, clocking in at $21,445.00. In other words, there’s something for every potential homebuyer or savvy investor in New Hope, KY!

Rent Prices In New Hope, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Hope, KY, is on a rollercoaster ride. The average rent price in New Hope, KY, is $1,058.00. Indeed, when looking to rent in New Hope, KY, you can expect to pay as little as $450.00 or as much as $2,290.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in New Hope, KY -- 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.

New Hope, KY Foreclosures

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