Housing in New Hope

A typical New Hope home is worth roughly $326,000

Typical home value

$326K

WI $340K

Estimate

2-bedroom rent

$1,130

a month, utilities in · HUD

Median tax bill

$3,844

WI $3,792

What kind of housing town is New Hope?

Read from the numbers below. The page puts what stands out first.

A town of owners92% of households own their home.

★ What stands out · The homes

92% of New Hope households own their home

Half of New Hope’s homes were built before 1983.

Owners and renters

Own 92%Rent 8%

Wisconsin: 68% own.

1983

typical home built · WI 1975

$3,844

median property tax bill · WI $3,792

1.18%

of a home’s value, a year in tax · WI 1.42%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

A typical home costs 3.6 years of income

Less than across Wisconsin (4.4 years). Try your own numbers below.

You could afford about

$337,000

Typical New Hope home $326K

That covers a typical New Hope home, with $11K to spare.

The typical home, each month

$2,030

Loan $1,610Tax $320Insurance $100

A two-bedroom rents for about $1,130 a month here, $900 less than owning.

Where your budget reaches nearby

Iola$292K Alban$238K Amherst$369K Stockton$290K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, New Hope’s typical property tax (1.18% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,130

Renters already here pay a median of $1,152.

Fair Market Rent a month, utilities included

Studio$790

1 bedroom$870

2 bedrooms$1,130

3 bedrooms$1,370

4 bedrooms$1,510

of households rent · WI 32%

renter households

$1,152

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Portage County, WI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

New Hope vs. its neighbors

New Hope is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Amherst$369K New Hope$326K Iola$292K Stockton$290K Alban$238K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2012	Median income
New Hope	$326K*	—	$1,130	—	$90,000
Iola	$292K	+6.1%	$970	0	$84,375
Alban	$238K*	+3.9%†	$980	—	$80,238
Amherst	$369K	+13.9%	$1,050	—	$94,205
Stockton	$290K*	+4.8%†	$1,060	—	$87,632

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What New Hope buyers, sellers and renters are saying.

Town Square →

Weigh in

Is New Hope still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community 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.