New Hope, AL has a median housing value of $180,100 which is much lower than the US median housing value of $338,100. Despite this, the housing appreciation rate in New Hope over the past year has been 14.36% higher than the national average of 8.27%. This indicates that there is a growing demand for housing in New Hope and that it is becoming an increasingly popular place to live. With its strong appreciation rate and relatively low median house value, New Hope could be an attractive option for potential home buyers looking to make a wise investment.
The median home cost in New Hope is $180,100. Home appreciation the last 10 years has been 85.8%. Home Appreciation in New Hope is up 23.2%.
Average Age of Homes
- The median age of New Hope real estate is 35 years old
The Rental Market in New Hope
- Renters make up 27.6% of the New Hope population
- 0.0% of houses and apartments in New Hope, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.