Zip 18938 (New Hope, PA) Housing

The housing median value in 18938 New Hope, PA is $732,700 which is more than double the US House Median Value of $338,100. Furthermore, the 1 year house appreciation in New Hope is 11.14% which is higher than the US 1 year house appreciation of 8.27%. Thus it can be seen that the housing market in New Hope is performing much better than the national average. The high housing prices combined with a strong appreciation rate make New Hope an attractive option for potential home buyers.

The median home cost in New Hope (zip 18938) is $732,700. Home appreciation the last 10 years has been 58.3%. Home Appreciation in New Hope (zip 18938) is up 13.9%.

Average Age of Homes

- The median age of New Hope (zip 18938) real estate is 37 years old

The Rental Market in New Hope (zip 18938)

- Renters make up 15.8% of the New Hope (zip 18938) population
- 0.3% of houses and apartments in New Hope (zip 18938), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Hope, Pennsylvania	United States
	6,775.0	139,647,020.0
	36	42
	$732,700	$338,100
	13.9%	16.6%
	44.8%	57.0%
	58.3%	101.1%
	$15.50	$10.98
	$6,924	$2,690
	82.3%	57.4%
	5.8%	11.2%
	11.8%	31.4%
Vacant Housing
	0.3%	1.9%
	0.1%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	1.4%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	1.1%	2.4%
	0.4%	2.8%
	0.5%	3.9%
	0.4%	4.5%
	1.6%	11.3%
	3.9%	13.0%
	9.1%	20.1%
	11.0%	13.6%
	9.7%	8.3%
	26.2%	9.7%
	17.4%	3.9%
	8.9%	2.2%
	3.0%	0.8%
	5.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	18.3%	13.6%
	18.3%	13.6%
	24.3%	13.6%
	10.0%	13.2%
	14.8%	14.8%
	24.3%	13.6%
	5.8%	10.0%
	2.7%	4.7%
	16.6%	12.2%