Housing in 40052 New Hope, KY is more affordable than the US House Median Value. The median value of a house in this area is $176,500, which is significantly lower than the US median value of $338,100. Although the US 1 year House Appreciation rate is 8.27%, in 40052 New Hope, KY it is 12.20%. This means that housing prices are increasing faster than the national average and making property an attractive option for potential buyers.
The median home cost in New Hope (zip 40052) is $176,500. Home appreciation the last 10 years has been 74.3%. Home Appreciation in New Hope (zip 40052) is up 14.0%.
Average Age of Homes
- The median age of New Hope (zip 40052) real estate is 43 years old
The Rental Market in New Hope (zip 40052)
- Renters make up 24.4% of the New Hope (zip 40052) population
- 0.0% of houses and apartments in New Hope (zip 40052), 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.