New Hope, MS Foreclosures
How much do homes sell for in New Hope, MS?
The average home price is currently $135,888.
What’s the average rental cost in New Hope, MS?
The average rental price in New Hope is $969.
What is the most expensive home in New Hope?
The most expensive home sold in New Hope had a price of $769,052.
What is currently the cheapest priced home in New Hope, MS?
The cheapest home for sale in New Hope is priced at $31,900.
Living in New Hope, MS
New Hope, located in Mississippi, is a charming small community known for its friendly residents and beautiful natural surroundings. The area offers a mixture of peace and convenience, with essential amenities nearby. Ideal for families and individuals looking for a slower pace of life, New Hope is a hidden gem in the south.
Current Market Conditions in New Hope, MS
The real estate market in New Hope is currently experiencing a steady demand, with home prices showing modest appreciation over the past year. There is a mix of single-family homes, some of which are historic, offering buyers unique character and charm. The overall trend indicates that as more people seek out quieter places away from urban environments, New Hope is becoming increasingly appealing.
Inventory remains low in New Hope, which has contributed to rising prices, especially for well-maintained homes. The community's affordability compared to larger cities in Mississippi makes it an attractive option for first-time homebuyers and retirees alike.
Home Value Estimator For New Hope, MS
There are currently 72 real estate properties
in New Hope, MS,
with a median automated valuation model (AVM) price
of $117,000.00. 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, MS, 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, MS,
is $135,888.00, with the most expensive house
in New Hope, MS, topping out
at $769,052.00 and the cheapest home
in New Hope, MS,
clocking in at $31,900.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Hope, MS!
Rent Prices
In New Hope, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Hope, MS, is on
a rollercoaster ride. The
average rent price in New Hope, MS,
is $969.00. Indeed, when looking to rent in
New Hope, MS, you can expect to pay as little
as $590.00 or as much
as $1,740.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in New Hope, MS
-- 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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