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 $227,319, lower than the Virginia average of $323,261.
The average cost of rent is $1,250/mo in New Hope, primarily driven by the current value of real estate in the New Hope area. While nearly 27.41% of residents own their homes outright in New Hope, 14.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Hope is $6,140 per month. Households that rent pay about 20.35% of their income on rent here. New Hope's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Fort Defiance, VA: equally priced homes
- Madrid, VA: less expensive homes
- Knightly, VA: higher priced homes
- Piedmont, VA: equally priced homes
- Crimora, VA: less expensive homes
- Verona, VA: less expensive homes
- Grottoes, VA: less expensive homes
- Mount Sidney, VA: higher priced homes
- Fishersville, VA: higher priced homes
- Weyers Cave, VA: higher priced homes
Cities with Similar Populations
- Bud, IN: equally priced homes
- Williamstown, KS: equally priced homes
- Williamson Crossroads, NC: less expensive homes
- Wheelerville, MO: less expensive homes
- Wharncliffe, WV: less expensive homes
- Whalan, MN: higher priced homes
- West Windsor, MI: less expensive homes
- Burna, KY: less expensive homes
- Buffalo Springs, TX: equally priced homes
- Windfall, IN: less expensive homes
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