Home prices
The price of the median home in New Hope is $225,700. This is approximately $55,660 (19%) lower compared to the surrounding areas.It is roughly $8,200 (3%) higher in comparison to the country as a whole, and it is about $37,600 (19%) higher compared to the city of Dallas.
Rents
New Hope's median rent is $1,100 a month. It is about $418 (27%) lower compared to its surrounding areas.In comparison to the nation as a whole it is about $38 (3%) higher, and it is approximately $48 (4%) higher in comparison to the city of Dallas.
Nearby places
Lowry Crossing
Lowry Crossing is about 3 miles south from New Hope. Its housing prices are fairly similar. The value of the median home in Lowry Crossing is $228,300, which is $2,600 (1%) higher than New Hope. Rents there are a bit more expensive. The median rent in Lowry Crossing is $1,223 a month, which works out to $123 (10%) higher than New Hope.
Princeton
Princeton is roughly 3 miles southeast from New Hope. The housing prices there are a little less expensive. Princeton's median home cost is $185,200, which is $40,500 (21%) lower than New Hope. Rent there is a bit more expensive. The median monthly rent in Princeton is $1,324, which works out to $224 (16%) higher than New Hope.
McKinney
McKinney is roughly 5 miles west from New Hope. The housing prices there are a little more expensive. The median home in McKinney costs $309,200, which is $83,500 (27%) higher than New Hope. Rents there are a little more expensive. The median monthly rent in McKinney is $1,394, which comes out to $294 (21%) higher than New Hope.
Melissa
Melissa is about 5 miles north from New Hope. Its housing prices are a bit more expensive. Melissa's median home value is $307,700, which comes out to $82,000 (26%) higher than New Hope. Rent there is a lot more expensive. Melissa's median rent is $2,098 per month, which comes out to $998 (47%) higher than New Hope.
Fairview
Fairview is approximately 5 miles southwest of New Hope. Its housing prices are a lot more expensive. The median home in Fairview costs $376,400, which comes out to $150,700 (40%) higher than New Hope. Rents there are a little more expensive. In Fairview the median rent is $1,553 per month, which is $453 (29%) higher than New Hope.
