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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.30% |
| One Bedroom | 22.20% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 17.50% |
| Four Bedrooms | 19.10% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $285,700 |
| Median Price asked for vacant units | $180,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.46 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $150 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.20% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 64.30% |
| Debt Free | 17.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.8% |
