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New Hope, VA
Full City Profile · Virginia · Waynesboro city County
3.3
/5.0
B
Good
917
Population
158/sq mi density
$87,083
Median Income
$35,865 per capita
$314,400
Home Value
$327,656 Zillow
54°F
Avg Temperature
293 sunny days/yr
109
Violent Crime/100K
255 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$87,083 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$314,400 home value, /mo rent
F
Safety
1.0 / 5.0
109 violent crimes/100K
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Housing Overview
Median Home Value
$314,400
12% above
US avg: $281,900
Homeownership Rate
92.9%
42% above US avg (65.4%)
Total Housing Units
393
Median year built: 1971
Home Value by Source
Census Median
$314,400
Zillow (ZHVI)
$327,656
Median Sale Price
$394,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.9%
Owner-Occupied
7.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$259
Affordability & Housing Stock
Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
92.9%
Complete Housing Data
Home Values
| Census Median Value | $314,400 |
| Zillow Home Value (ZHVI) | $327,656 |
| Median Sale Price | $394,000 |
| Price Per Sq Ft | $259 |
Rent
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 7 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $259 |
Ownership & Stock
| Owner-Occupied | 92.9% |
| Renter-Occupied | 7.1% |
| Homeownership Rate | 92.9% |
| Total Housing Units | 393 |
| Median Year Built | 1971 |
| Rent Burden | 32.0% |