Housing in New Hope, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$217,475

New Hope vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. New Hope is highlighted.

Median Home Value

40th%ilemost expensive$148,800show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$148,800

Median Rent

N/A

Total Housing Units

388

Vacancy Rate

8.5%

Owner Occupied

88.5%

Renter Occupied

11.6%

Median Property Tax

$570

per year

Monthly Cost (w/ Mortgage)

$569

Housing Types

Single Family

69.8%

Multi-Family

1.0%

Mobile Home

29.1%

The median home value in New Hope, TN is $148,800. According to Zillow, the home value index for New Hope is $217,475. About 88.5% of housing units are owner-occupied. The median year homes were built is 1985. There are 388 total housing units.