New Hope, GA—30452
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Hope, GA
As of Oct '25, the median home price in New Hope, GA is $288,000, with a year-over-year change of -1.7%. This indicates that home prices in New Hope, GA are decreasing. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $288,000 | -1.7% |
| Single Family | $288,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $271,000 | -1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Hope, GA
New Hope, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Hope, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in New Hope, GA is 8. This is a decrease of -49.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | -56.0% |
Listing Count | 2 | -30.0% |
| Listings as % of Homes | 0.0% | -30.0% |
Days on Market | 8 | -49.0% |
Demographics — New Hope, GA
As of the latest ACS Survey released in 2023, New Hope, GA has a population of 1,470, which has increased by 6.9% over the past 5 years. New Hope, GA is a popular place for families, as children make up 30.8% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,470 | 6.9% |
% Under 18 | 30.8% | 48.8% |
% Seniors | 15.6% | -29.1% |
% WFH | 13.1% | -22.9% |
% w/ College Degree | 30.2% | 12.7% |
As of the latest ACS Survey released in 2023, New Hope, GA is a predominantly white area, with 63.2% of the population identifying as white. The white population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in New Hope, GA is black, making up 20.1% of the population. Foreign-born residents account for 6.1% of the population in New Hope, GA, and this percentage has increased by 32.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.2% | -13.4% |
% Black | 20.1% | -0.5% |
% Hispanic | 11.2% | 93.1% |
% Asian | 0.8% | -27.3% |
% Foreign Born | 6.1% | 32.6% |
Mortgage and Risk — New Hope, GA
According to HUD data as of 2023, there were 41 mortgage originations in New Hope, GA, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in New Hope, GA. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 41 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — New Hope, GA
New Hope, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — New Hope, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $288,000 |
| Median Household Income | $54,600 |