New Hope, KY is a great place to buy a home. The housing median value in New Hope is $180,400 - significantly less than the US House Median Value of $338,100. Despite this, the house appreciation rate over the past year in New Hope has been even higher than the US rate of 8.27%, with an impressive 12.20% increase. This combination makes New Hope an attractive option for those looking for good value when buying a new home.
The median home cost in New Hope is $180,400. Home appreciation the last 10 years has been 74.3%. Home Appreciation in New Hope is up 14.0%.
Average Age of Homes
- The median age of New Hope real estate is 54 years old
The Rental Market in New Hope
- Renters make up 8.9% of the New Hope population
- 0.0% of houses and apartments in New Hope, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.