A typical New Hope home is worth about $441,000
About the same as a year ago, 47% above the Texas typical home.
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is New Hope?
Read from the numbers below. The page puts what stands out first.
A typical home costs 6.9 years of income
More than across Texas (3.8 years). Try your own numbers below.
That’s $198K short of a typical New Hope home.
A two-bedroom rents for about $2,640 a month here, $70 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, New Hope’s typical property tax (1.09% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 12.3% in five years
About the same pace as Texas (11.1%).
Show as a table
| January | New Hope | Texas |
|---|---|---|
| 2017 | $261,000 | $190,000 |
| 2018 | $283,000 | $202,000 |
| 2019 | $291,000 | $214,000 |
| 2020 | $309,000 | $223,000 |
| 2021 | $345,000 | $242,000 |
| 2022 | $418,000 | $286,000 |
| 2023 | $466,000 | $313,000 |
| 2024 | $445,000 | $311,000 |
| 2025 | $442,000 | $311,000 |
| 2026 | $445,000 | $303,000 |
| August 2026 | $441,000 | $299,000 |
A typical New Hope home worth $251K in September 2016 is worth about $441K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $2,640
Renters already here pay a median of $1,827, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Dallas, TX HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in New Hope in 2025. Over the past 10 years, New Hope has permitted 14 homes in all.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $296,000 |
| 2024 | 1 | 1 | 0 | $450,000 |
| 2023 | 1 | 1 | 0 | $286,000 |
| 2022 | 2 | 2 | 0 | $512,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $233,000 |
| 2019 | 5 | 5 | 0 | $1.4 million |
| 2018 | 1 | 1 | 0 | $325,000 |
| 2017 | 2 | 2 | 0 | $462,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $150,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
70% of New Hope households own their home
Half of New Hope’s homes were built before 1985.
Texas: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What New Hope buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.