New Hope, PA Real Estate

According to census data in the year 2000 there were 1,251 housing units in New Hope. This represents a 24.2% growth from 1,007 in 1990.

Of those housing units, 1,251 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 60.6%. New Hope's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 1.94 people.

The majority of houses, apartments or condos in New Hope were built after 1972.


Housing Size

Housing Units by Size
Studio Type4.30%
One Bedroom22.20%
Two Bedrooms34.50%
Three Bedrooms17.50%
Four Bedrooms19.10%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1977
Median Value of occupied units$285,700
Median Price asked for vacant units$180,000

Rented Homes, Apartments and Condos

Average Household Size1.46
Median year structure was built1954
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.20%
Home Equity Loan9.40%
Simple Mortgage64.30%
Debt Free17.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.8%