Home prices
The price of the median home in New Hope is $589,700. This is roughly $170,380 (40%) higher in comparison to its nearby areas.It is about $372,200 (171%) higher compared to the US as a whole, and compared to the city of New York is approximately $16,300 (2%) lower.
Rents
In New Hope the median rent is $1,330 per month. This is approximately $208 (13%) lower compared to the surrounding areas.Compared to the nation as a whole it is approximately $268 (25%) higher, and compared to the city of New York is roughly $113 (7%) lower.
Nearby places
Lambertville
Lambertville is New Hope's neighbor to the northeast. The real estate prices there are significantly less expensive. Lambertville's median home value is $395,900, which works out to $193,800 (48%) lower than New Hope. Rent there is similar. Lambertville's median rent is $1,328 per month, which is very similar to New Hope.
Stockton
Stockton is roughly 3 miles north from New Hope. Its real estate prices are significantly less expensive. The median home in Stockton is valued at $371,000, which works out to $218,700 (58%) lower than New Hope. Rents there are a bit more expensive. The median monthly rent in Stockton is $1,564, which works out to $234 (14%) higher than New Hope.
Newtown Grant
Newtown Grant is about 6 miles south from New Hope. The real estate prices there are significantly less expensive. The median home cost in Newtown Grant is $357,600, which is $232,100 (64%) lower than New Hope. Its rents are a little more expensive. Newtown Grant's median rent is $1,842 per month, which comes out to $512 (27%) higher than New Hope.
Pennington
Pennington is approximately 7 miles east of New Hope. Real estate prices there are fairly similar. The value of the median home in Pennington is $564,000, which works out to $25,700 (4%) lower than New Hope. The rent there is a bit more expensive. In Pennington the median rent is $1,539 a month, which works out to $209 (13%) higher than New Hope.
Doylestown
Doylestown is about 8 miles southwest of New Hope. Housing prices there are significantly less expensive. The median home in Doylestown costs $408,100, which comes out to $181,600 (44%) lower than New Hope. Its rents are a bit more expensive. In Doylestown the median rent is $1,418 per month, which is $88 (6%) higher than New Hope.
