New Hope, MS Real Estate

According to census data in the year 2000 there were 690 housing units in New Hope. This represents a 28% growth from 539 in 1990.

Of those housing units, 576 were located in either urbanized areas or urban clusters, and 114 were located in what is classified as a rural area.

Homeownership rate in New Hope is about 93.7%. New Hope's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.91 people.

The majority of houses, apartments or condos in New Hope were built after 1985.


Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom1%
Two Bedrooms6.10%
Three Bedrooms72.20%
Four Bedrooms18.40%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1986
Median Value of occupied units$101,700

Rented Homes, Apartments and Condos

Average Household Size1.64
Median year structure was built1978

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.60%
Second Mortgage8.30%
Home Equity Loan7.30%
Simple Mortgage60.70%
Debt Free21%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%