Home prices
New Hope's median home cost is $155,100. This is approximately $58,400 (60%) higher in comparison to nearby areas.Compared to the rest of the nation it is roughly $62,400 (28%) lower, and is approximately $64,000 (70%) higher compared to the city of Birmingham.
Rents
New Hope's median rent is $804 per month. Compared to the surrounding areas this is roughly $228 (39%) higher.It is approximately $258 (24%) lower in comparison to the US as a whole, and in comparison to the city of Birmingham is about $33 (3%) lower.
Nearby places
Columbus
Columbus is about 5 miles northwest of New Hope. Its housing prices are a little less expensive. The median home in Columbus is valued at $121,900, which works out to $33,200 (27%) lower than New Hope. Rents there are pretty similar. In Columbus the median rent is $798 a month, which is very similar to New Hope.
Millport
Millport is about 15 miles northeast from New Hope. Its real estate prices are substantially less expensive. The median home value in Millport is $62,900, which works out to $92,200 (146%) lower than New Hope. The rent there is significantly less expensive. Millport's median monthly rent is $451, which comes out to $353 (78%) lower than New Hope.
Artesia
Artesia is about 15 miles west of New Hope. Housing prices there are significantly less expensive. Artesia's median home value is $84,300, which comes out to $70,800 (83%) lower than New Hope. Rents there are substantially less expensive. The median monthly rent in Artesia is $500, which works out to $304 (60%) lower than New Hope.
Caledonia
Caledonia is approximately 17 miles north from New Hope. Real estate prices there are somewhat less expensive. Caledonia's median home cost is $134,500, which works out to $20,600 (15%) lower than New Hope. Its rents are somewhat less expensive. In Caledonia the median rent is $723 per month, which comes out to $81 (11%) lower than New Hope.
Reform
Reform is roughly 17 miles east from New Hope. Housing prices there are substantially less expensive. The median home value in Reform is $79,900, which comes out to $75,200 (94%) lower than New Hope. Its rents are significantly less expensive. Reform's median rent is $406 a month, which is $398 (98%) lower than New Hope.
