
Home Price Key
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 $164,506, lower than the Missouri average of $194,908.
The average cost of rent is $937/mo in Newhope, primarily driven by the current value of real estate in the Newhope area. While nearly 65.66% of residents own their homes outright in Newhope, 10.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newhope is $4,496 per month. Households that rent pay about 20.85% of their income on rent here. Newhope's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Elsberry, MO: less expensive homes
- Okete, MO: equally priced homes
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- Eolia, MO: equally priced homes
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- Foley, MO: higher priced homes
- Annada, MO: less expensive homes
- Davis, MO: higher priced homes
- Oasis, MO: equally priced homes
Cities with Similar Populations
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- Fernan Lake Village, ID: higher priced homes
- Vickery Landing, MI: equally priced homes
- Vicksburg, AZ: less expensive homes
- Walhain, WI: higher priced homes
- Wallace, AR: less expensive homes
- Wallace, LA: equally priced homes
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