Home prices
The median home in New Hope is valued at $297,900. This is roughly $33,400 (12%) higher compared to the surrounding areas.It is roughly $80,400 (36%) higher compared to the entire country, and compared to the city of Medford is approximately $32,500 (12%) higher.
Rents
New Hope's median rent is $622 per month. This is about $369 (37%) lower compared to its nearby areas.In comparison to the rest of the nation it is approximately $440 (41%) lower, and compared to the city of Medford it is roughly $350 (36%) lower.
Nearby places
Redwood
Redwood is roughly 3 miles north of New Hope. Its housing prices are a little less expensive. The price of the median home in Redwood is $277,800, which works out to $20,100 (7%) lower than New Hope. Rents there are substantially more expensive. Redwood's median monthly rent is $1,195, which is $573 (47%) higher than New Hope.
Grants Pass
Grants Pass is about 4 miles north of New Hope. The real estate prices there are somewhat less expensive. The median home in Grants Pass costs $231,800, which comes out to $66,100 (28%) lower than New Hope. Rent there is significantly more expensive. Grants Pass's median rent is $929 a month, which works out to $307 (33%) higher than New Hope.
Rogue River
Rogue River is about 9 miles northeast from New Hope. Real estate prices there are significantly less expensive. The median home price in Rogue River is $182,400, which works out to $115,500 (63%) lower than New Hope. Rent there is a bit more expensive. In Rogue River the median rent is $793 per month, which works out to $171 (21%) higher than New Hope.
Williams
Williams is roughly 10 miles south of New Hope. Housing prices there are a little more expensive. The median home in Williams costs $317,400, which works out to $19,500 (6%) higher than New Hope. Its rents are significantly more expensive. In Williams the median monthly rent is $1,359, which is $737 (54%) higher than New Hope.
Merlin
Merlin is approximately 10 miles north of New Hope. Real estate prices there are pretty similar. Merlin's median home value is $313,100, which comes out to $15,200 (4%) higher than New Hope. Rent there is a bit more expensive. Merlin's median rent is $677 per month, which comes out to $55 (8%) higher than New Hope.
