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Is New Hope, KY 40052 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

New Hope is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list105.3%Sold price ÷ list price
Median days on market3Listing to accepted offer
Median price per sq ft$177

The New Hope housing market right now

In the three months ending August 31, 2026, 100% of homes in New Hope, KY 40052 sold above their list price, the typical home went under contract in 3 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Within Nelson County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Boston 40107 (0% sold over asking) or Bardstown 40004 (14% sold over asking).

Run the numbers for 40052

Prefilled for 40052Can I win this house?Multiple-offer likelihood for a listing Prefilled for 40052Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bardstown 40004Seller’s market $189 /sq ftBloomfield 40008Seller’s market $193 /sq ftBoston 40107Seller’s market $159 /sq ftChaplin 40012 — /sq ft Browse all markets →

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 buyer’s market: there were 6.4 months of supply in New Hope, KY 40052 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 3 days in the latest three months.

Do homes in New Hope sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 105.3% of the list price.

What are property taxes in New Hope?

About 0.79% of a home’s value a year in Nelson County, or roughly $3,160 on a $400,000 home.

What is the median home price in New Hope?

The median sale price was $199,913 in the three months ending August 31, 2026, about $177 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