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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 $791,668, higher than the Pennsylvania average of $288,156.
The average cost of rent is $2,118/mo in New Hope, primarily driven by the current value of real estate in the New Hope area. In New Hope, 12.26% of households rent, and 44.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Hope is $15,580 per month. Households that rent pay about 13.59% of their income on rent here. New Hope’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glendale, PA: higher priced homes
- Holicong, PA: higher priced homes
- Lambertville, NJ: less expensive homes
- Brownsburg, PA: higher priced homes
- Buckingham, PA: equally priced homes
- Carversville, PA: higher priced homes
- Wycombe, PA: less expensive homes
- Gardenville, PA: less expensive homes
- Stockton, NJ: less expensive homes
- Dilts Corner, NJ: less expensive homes
Cities with Similar Populations
- Taylorsville, KY: less expensive homes
- Durham, NH: less expensive homes
- Duson, LA: less expensive homes
- Duvall, WA: equally priced homes
- Eagle Point, OR: less expensive homes
- East Grand Rapids, MI: less expensive homes
- East Rockaway, NY: less expensive homes
- Eaton Rapids, MI: less expensive homes
- Edgewater, MD: less expensive homes
- Elberton, GA: less expensive homes
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