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New Hope, PA

Full City Profile · Pennsylvania · Hunterdon County County

3.8 /5.0
B+ Good
2,623 Population 2,065/sq mi density
$158,929 Median Income $132,918 per capita
$633,800 Home Value $911,682 Zillow
$1,957 Median Rent 30.8% income on rent
53°F Avg Temperature 271 sunny days/yr
397 Violent Crime/100K 2,226 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$158,929 median income, 3.6% unemployment
A
Affordability
4.4 / 5.0
$633,800 home value, $1,957/mo rent
F
Safety
1.0 / 5.0
397 violent crimes/100K (5% above avg)
A+
Education
5.0 / 5.0
74.9% bachelor's degree or higher

Housing Overview

Median Home Value
$633,800
125% above
US avg: $281,900
Median Rent
$1,957/mo
68% above
US avg: $1,163/mo
Homeownership Rate
63.0%
4% below US avg (65.4%)
Total Housing Units
1,483
Median year built: 1977

Home Value by Source

Census Median
$633,800
Zillow (ZHVI)
$911,682
Median Sale Price
$340,000
Median List Price
$1,749,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.0%
Owner-Occupied
37.0%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $1,957/mo

Market Indicators (Redfin)

Median Days on Market
5 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$350
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
63.0%

Complete Housing Data

Home Values

Census Median Value$633,800
Zillow Home Value (ZHVI)$911,682
Median Sale Price$340,000
Median List Price$1,749,500
Price Per Sq Ft$350

Rent

Census Median Rent$1,957
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market5
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold2
Active Inventory11
Price Per Sq Ft$350

Ownership & Stock

Owner-Occupied63.0%
Renter-Occupied37.0%
Homeownership Rate63.0%
Total Housing Units1,483
Median Year Built1977
Rent Burden30.8%