New Hope, AL 35760 is an attractive area for housing investments due to its higher than average appreciation rate. The median home value here is $177,000, lower than the US median value of $338,100. However, over the past year, homes in New Hope have appreciated by 14.36%, more than double the nationwide average of 8.27%. Furthermore, New Hope is a desirable location with many quality amenities and plenty of recreational activities available nearby. Investing in New Hope real estate now could provide long-term gains in the future due to the above-average appreciation rates and attractive location.
The median home cost in New Hope (zip 35760) is $177,000. Home appreciation the last 10 years has been 85.8%. Home Appreciation in New Hope (zip 35760) is up 23.2%.
Average Age of Homes
- The median age of New Hope (zip 35760) real estate is 35 years old
The Rental Market in New Hope (zip 35760)
- Renters make up 19.4% of the New Hope (zip 35760) population
- 0.0% of houses and apartments in New Hope (zip 35760), 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.