New Hope, AL Real Estate
According to census data in the year 2000 there were 1,166 housing units in New Hope.
This represents a 25.4% growth from 930 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,166 were located in what is classified as a rural area.
Homeownership rate in New Hope is about 75.6%.
New Hope's vacancy rate, including seasonal lodging, is about 7.8%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in New Hope were built after 1976.
|Housing Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.53|
|Median year structure was built||1975|
|Median Value of occupied units||$72,900|
|Median Price asked for vacant units||$70,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$325|
Owners Finance Status
|Second Mortgage & Equity Loan||0.70%|
|Home Equity Loan||3.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.8%|