Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newhope area can be challenging. Home prices in Newhope are now at a median cost of $108,579, lower than the Arkansas average of $160,541.
The average cost of rent is $1,565/mo in Newhope, primarily driven by the current value of real estate in the Newhope area. While nearly 61.93% of residents own their homes outright in Newhope, 19.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newhope is $4,743 per month. Households that rent pay about 32.99% of their income on rent here. Newhope's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Langley, AR: higher priced homes
- Burg, AR: equally priced homes
- Umpire, AR: higher priced homes
- Daisy, AR: higher priced homes
- Lodi, AR: higher priced homes
- Dierks, AR: less expensive homes
- Kirby, AR: equally priced homes
- Lebanon, AR: higher priced homes
- Hopper, AR: higher priced homes
- Caddo Gap, AR: higher priced homes
Cities with Similar Populations
- Whiting, VT: higher priced homes
- Beverly Shores, IN: higher priced homes
- Big Arm, MT: higher priced homes
- Big Springs, NE: less expensive homes
- Birmingham, IA: higher priced homes
- Birmingham, KS: higher priced homes
- Bowers, WI: higher priced homes
- Bremen, ME: higher priced homes
- Bridgewater, NY: less expensive homes
- Brindle Town, NC: higher priced homes
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