New Hope, MN Real Estate
According to census data in the year 2000 there were 8,744 housing units in New Hope.
This represents a 0.6% decline from 8,795 in 1990.
Of those housing units, 8,744 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in New Hope is about 56.1%.
New Hope's vacancy rate, including seasonal lodging, is about 0.9%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in New Hope were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1965|
|Median Value of occupied units||$136,600|
|Median Price asked for vacant units||$137,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.84|
|Median year structure was built||1971|
|Median Monthly Rent asked for vacant units||$708|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||12.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.1%|