Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Hope area can be challenging. Home prices in New Hope are now at a median cost of $120,000, lower than the Indiana average of $175,617.
The average cost of rent is $597/mo in New Hope, primarily driven by the current value of real estate in the New Hope area. While nearly 49.55% of residents own their homes outright in New Hope, 10.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Hope is $4,982 per month. Households that rent pay about 11.98% of their income on rent here. New Hope's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Vilas, IN: equally priced homes
- Farmers, IN: equally priced homes
- Newark, IN: higher priced homes
- Pottersville, IN: higher priced homes
- Freedom, IN: equally priced homes
- Calvertville, IN: less expensive homes
- Point Commerce, IN: less expensive homes
- Freeman, IN: higher priced homes
- Spencer, IN: equally priced homes
- Solsberry, IN: higher priced homes
Cities with Similar Populations
- Hickory Crossroads, NC: equally priced homes
- Tassajara Hot Springs, CA: higher priced homes
- Taplin, WV: higher priced homes
- Tamo, AR: less expensive homes
- Tamarack, PA: less expensive homes
- Tallula, MS: less expensive homes
- Taconic, CT: higher priced homes
- Jonestown, NC: less expensive homes
- Hillhouse, MS: less expensive homes
- Highland Corners, PA: less expensive homes
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