Home prices
The median home in New Hope is valued at $124,700. In comparison to its nearby areas this is roughly $7,220 (6%) higher.In comparison to the entire country it is roughly $92,800 (42%) lower, and is about $33,600 (36%) higher compared to the city of Birmingham.
Rents
New Hope's median rent is $826 per month. Compared to its nearby areas this is roughly $208 (33%) higher.It is about $236 (22%) lower in comparison to the entire country, and in comparison to the city of Birmingham it is approximately $11 (1%) lower.
Nearby places
Owens Cross Roads
Owens Cross Roads is New Hope's neighbor to the northwest. Housing prices there are somewhat more expensive. Owens Cross Roads's median home cost is $132,700, which works out to $8,000 (6%) higher than New Hope. Rent there is pretty similar. The median rent in Owens Cross Roads is $816 a month, which is $10 (1%) lower than New Hope.
Grant
Grant is about 8 miles east from New Hope. Its real estate prices are somewhat more expensive. The median home in Grant costs $162,300, which works out to $37,600 (23%) higher than New Hope. Rent there is significantly less expensive. Grant's median rent is $609 per month, which comes out to $217 (35%) lower than New Hope.
Woodville
Woodville is roughly 9 miles northeast from New Hope. Its housing prices are somewhat less expensive. The median home in Woodville is valued at $95,500, which comes out to $29,200 (30%) lower than New Hope. Its rents are a little less expensive. The median monthly rent in Woodville is $682, which comes out to $144 (21%) lower than New Hope.
Paint Rock
Paint Rock is approximately 9 miles northeast from New Hope. The housing prices there are significantly less expensive. The median home in Paint Rock is valued at $65,000, which comes out to $59,700 (91%) lower than New Hope. The rent there is substantially less expensive. Paint Rock's median rent is $496 a month, which works out to $330 (66%) lower than New Hope.
Gurley
Gurley is about 12 miles north of New Hope. The real estate prices there are a bit more expensive. The median home in Gurley is valued at $131,900, which works out to $7,200 (5%) higher than New Hope. Rents there are significantly less expensive. In Gurley the median monthly rent is $486, which works out to $340 (69%) lower than New Hope.
