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 $303,004, higher than the Texas average of $235,268.
The average cost of rent is $1,717/mo in New Hope, primarily driven by the current value of real estate in the New Hope area. While nearly 35.63% of residents own their homes outright in New Hope, 18.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Hope is $7,997 per month. Households that rent pay about 21.47% of their income on rent here. New Hope's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Lowry Crossing, TX: less expensive homes
- Princeton, TX: less expensive homes
- Melissa, TX: higher priced homes
- Fairview, TX: higher priced homes
- Verona, TX: less expensive homes
- McKinney, TX: higher priced homes
- Allen, TX: higher priced homes
- Anna, TX: less expensive homes
- Kelly, TX: higher priced homes
- Weston, TX: higher priced homes
Cities with Similar Populations
- Cameron, IL: less expensive homes
- Ward Springs, MN: less expensive homes
- Viola, DE: less expensive homes
- Victory, NY: less expensive homes
- Chilhowee, MO: less expensive homes
- Cheraw, CO: less expensive homes
- Castalia, IA: less expensive homes
- Carolina, MS: less expensive homes
- Carloover, VA: less expensive homes
- Canaan, VT: less expensive homes
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