Is New Hope, PA 18938 a buyer’s or seller’s market?
New Hope is a seller’s market. With about 3 months of supply and 34% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 60% of U.S. ZIP codes, and #385 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The New Hope housing market right now
In the three months ending August 31, 2026, 34% of homes in New Hope, PA 18938 sold above their list price, the typical home went under contract in 38 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 93 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold more slowly (36 days then) and the median sale price rose 26% to $996,569. Overall, New Hope is about as competitive as it was a year ago.
Within Bucks County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 74%. On our competition score, New Hope ranks #385 of 601 PA ZIP codes with enough sales (score 58 out of 100).
Nearby, buyers who want less competition could look at Hilltown 18927 (0% sold over asking) or Carversville 18913 (0% sold over asking), while Erwinna 18920 (100% sold over asking) and Riegelsville 18077 (67% sold over asking) are even more competitive.
Run the numbers for 18938
Nearby markets
Bensalem 19020Seller’s market $256 /sq ftBristol 19007Seller’s market $256 /sq ftCarversville 18913 $268 /sq ftChalfont 18914Seller’s market $272 /sq ft Browse all markets →Towns like New Hope nearby
Find towns like New Hope in other states →Where New Hope is
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Questions about New Hope real estate
Is New Hope a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in New Hope, PA 18938 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New Hope?
The typical home went under contract in 38 days in the latest three months.
Do homes in New Hope sell over asking?
34% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in New Hope?
About 1.31% of a home’s value a year in Bucks County, or roughly $5,240 on a $400,000 home.
What is the median home price in New Hope?
The median sale price was $996,569 in the three months ending August 31, 2026, about $397 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology