New Hope, TN Real Estate
According to census data in the year 2000 there were 433 housing units in New Hope.
This represents a 24.8% growth from 347 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 433 were located in what is classified as a rural area.
Homeownership rate in New Hope is about 85.3%.
New Hope's vacancy rate, including seasonal lodging, is about 7.6%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in New Hope were built after 1984.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1984|
|Median Value of occupied units||$82,400|
|Median Price asked for vacant units||$55,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.9|
|Median year structure was built||1982|
|Median Monthly Rent asked for vacant units||$225|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15%|