Housing Prices in Hope, MI
How much do homes in Hope, MI cost?
Median List Price
$325,700
$177/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Hope has increased by 78.6% since last year.
Summary: The median home list price in Hope was $325,700 in May 2024, up 78.6% from the previous year, and the median price per square foot was $177.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $99.5K | N/A |
| 2 Bedrooms | $154K | $197.3K | +28.1% |
| 3 Bedrooms | $239.9K | $439.5K | +83.2% |
| 4 Bedrooms | - | $599.9K | N/A |
| 5+ Bedrooms | $599K | $249K | -58.4% |
Summary: Hope housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.1%, 3 bedroom homes increased by 83.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 58.4%.
Median List Price Compared To Nearby Cities
| Hope | $182.4K | $325.7K | +78.6% |
| Hope Township | $182.4K | $325.7K | +78.6% |
| Edenville Township | $297.4K | $295K | -0.8% |
| Billings Township | $154.5K | $150K | -2.9% |
Housing Supply in Hope, MI
How many homes are available in Hope, MI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Summary: The Hope real estate market had 8 homes for sale in May 2024, a 60.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hope housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Days on Market for Hope, MI
How long does it take to sell a home in Hope, MI?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 68 Days | 47 Days | -30.7% |
Summary: Homes in Hope had an average listing age of 47 days in May 2024, down by 30.7% compared to the previous year.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.