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New Hope, AL
Full City Profile · Alabama · Marshall County County
3.3
/5.0
B
Good
2,895
Population
334/sq mi density
$80,787
Median Income
$29,188 per capita
$158,200
Home Value
$222,593 Zillow
$692
Median Rent
22.1% income on rent
60°F
Avg Temperature
301 sunny days/yr
393
Violent Crime/100K
1,896 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$80,787 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$158,200 home value, $692/mo rent
F
Safety
1.0 / 5.0
393 violent crimes/100K (4% above avg)
B
Education
3.1 / 5.0
26.3% bachelor's degree or higher
Housing Overview
Median Home Value
$158,200
44% below
US avg: $281,900
Median Rent
$692/mo
40% below
US avg: $1,163/mo
Homeownership Rate
79.4%
21% above US avg (65.4%)
Total Housing Units
1,033
Median year built: 1987
Home Value by Source
Census Median
$158,200
Zillow (ZHVI)
$222,593
Median Sale Price
$159,000
Median List Price
$299,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.4%
Owner-Occupied
20.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$692/mo
Market Indicators (Redfin)
Median Days on Market
59 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
38.9%
of listings with price reduction
Price Per Sq Ft
$120
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
22.1%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
79.4%
Complete Housing Data
Home Values
| Census Median Value | $158,200 |
| Zillow Home Value (ZHVI) | $222,593 |
| Median Sale Price | $159,000 |
| Median List Price | $299,900 |
| Price Per Sq Ft | $120 |
Rent
| Census Median Rent | $692 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
| Days on Market | 59 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 38.9% |
| Homes Sold | 3 |
| Active Inventory | 18 |
| Price Per Sq Ft | $120 |
Ownership & Stock
| Owner-Occupied | 79.4% |
| Renter-Occupied | 20.6% |
| Homeownership Rate | 79.4% |
| Total Housing Units | 1,033 |
| Median Year Built | 1987 |
| Rent Burden | 22.1% |