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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 $191,400, lower than the Ohio average of $236,816.
The average cost of rent is $944/mo in New Hope, primarily driven by the current value of real estate in the New Hope area. In New Hope, 11.79% of households rent, and 30.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Hope is $6,714 per month. Households that rent pay about 14.06% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Westville, OH: equally priced homes
- West Florence, OH: equally priced homes
- New Paris, OH: less expensive homes
- Eaton, OH: equally priced homes
- Eldorado, OH: less expensive homes
- Sugar Valley, OH: equally priced homes
- West Manchester, OH: less expensive homes
- Boston, IN: higher priced homes
- Ransom, OH: equally priced homes
- Richmond, IN: less expensive homes
Cities with Similar Populations
- Sylvan Grove, PA: equally priced homes
- Harpster, IL: less expensive homes
- Harrell, NC: higher priced homes
- Harris Corners, NY: higher priced homes
- Harrisville, AL: less expensive homes
- Haynesville, ME: less expensive homes
- Summit City, CA: higher priced homes
- Sun Valley, TX: higher priced homes
- Sunset, AZ: higher priced homes
- Harlan, KS: less expensive homes
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