Market Overview
Home Prices in New Hope, TX
The median home value in New Hope, TX is $445,188 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Hope are priced9% above average. New Hope is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, New Hope home values have risen by approximately14.4%, reflecting steady appreciation in this market.
Price History
New Hope Home Price Trend
City Comparison
New Hope vs. National Median
At $445,188, homes in New Hope cost 9% above the national median of $410,000. Buyers in New Hope should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in New Hope?
20% Down Payment
$89,038
on $445,188
Monthly P&I
$2,322/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,949/mo
incl. taxes & insurance
Income Needed
$117,960
gross annual (30% rule)
10% Down Option
$44,519
+ PMI applies
Loan Amount (20% dn)
$356,150
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Hope, TX?
The median home value in New Hope is $445,188 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in New Hope?
Over the past year, home values in New Hope have decreased by 1.5%. Over five years, prices have risen approximately 14.4%.
How much do I need to earn to buy a home in New Hope?
To comfortably afford the median home price of $445,188 with a 20% down payment ($89,038) at today's rates (6.8%), you'd need a gross annual income of approximately $117,960. This assumes keeping total housing costs at or below 30% of gross income.
How does New Hope compare to the national average home price?
The national median home value is approximately $410,000. At $445,188, homes in New Hope are 9% above the national average.
What metro area is New Hope part of?
New Hope is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.