$269,120Average Value$161Average Price per Sq Ft1Home For Sale
A rural hideaway along the Tennessee River in New Hope
New Hope sits along a bend in the Tennessee River, across the water from larger towns like South Pittsburg and Kimball. “Until the ’90s, you could only get over there by ferry,” says Jessica Wright, a Realtor with Re/Max Realty South who specializes in Marion County, Tennessee. “So it was its own little thing. But it’s beautiful over there. It’s got rolling hills and swooping curves on some of the roads.” While New Hope is more easily accessible now, it retains its rural character, with residents enjoying the area’s solitude and privacy.
Homes along the main road or tucked back and private
Winding country drives split off Highway 156, with homes along the main road or tucked back within the community. Lots are often large and private, surrounded by plots of untouched forest. The area’s split-level and brick ranch-style homes were often built in the late 20th century or early 21st century and sell between the high $100,000s and mid-$300,000s. Large plots of land also go on the market occasionally, settling between $10,000 and $20,000 per acre.
Recreation on the Tennessee River and Nickajack Lake
The Tennessee River is the border for much of New Hope, and residents use the water for recreation. The Nickajack Dam controls flow into Nickajack Lake, and residents can drop boats and kayaks into the lake from the Mapleview Public Use Area. “Here locally, there’s a fishing tournament they have, and there’s a speedboat race in Nickajack Lake,” Wright says. “There’s a lot that goes on here.” Nickajack Cave is nearby, a partially submerged cavern home to endangered bats; while the cave itself is closed to visitors, a deck outside offers viewing of the bats.
Highway 156 leads to Interstate 24
Tennessee Highway 156 is the main route through New Hope, cutting through the center of the community. Meanwhile, Interstate 24 runs along the north bank of the Tennessee River opposite New Hope, about a 2-mile drive from the area’s western edge. Chattanooga is 25 miles away, though the city is an hour ahead of New Hope — the border between the Central and Eastern time zones lies between the two. While residents nearly universally own cars, the Southeast Tennessee Human Resource Agency offers a demand-response transit system in Marion County.
Shops within New Hope and across the river into South Pittsburg
New Hope has a handful of shops and markets scattered along Highway 156. Backroad Relic Hunters offers antique goods and candied pecans, while Dollar General sells essentials. However, residents mainly head across the Tennessee River into South Pittsburg to shop or eat, as several restaurants and boutiques line Cedar Avenue. Kirkpatrick’s Foodland is the nearest grocery store, right across the bridge from New Hope.
Marion County School District education for students
New Hope is located in the Marion County School District. Students can attend South Pittsburg Elementary, which Niche gives a B-minus grade, from prekindergarten through sixth grade. They can then move on to B-rated South Pittsburg High, which serves seventh through 12th grade. South Pittsburg High offers career education opportunities in subjects including teaching, welding and nursing.
Events in South Pittsburg, like the National Cornbread Festival
While New Hope has a quiet atmosphere, residents can take advantage of what nearby South Pittsburg offers. The town has several theaters and small museums and puts on the National Cornbread Festival every summer. The event features music, a pageant and a cornbread cookoff.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Paul Avratin,
an experienced agent in this neighborhood.
Parks in this Area
Jasper City Park
Baseball/Softball
Football
Soccer
Marion County Park
South Pittsburg Municipal Park
Boating
Parking Lot
Multi-Purpose Field
Loyd Park
Baseball/Softball
Basketball
Bike Trails
Town of Kimball Parks
Transit
Airport
Lovell Field
53 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
New Hope
US
Homicide
3
4
Sexual Assault
2
4
Assault with Weapon
2
4
Robbery
2
4
Burglary
2
4
Motor Vehicle Theft
2
4
Larceny
1
4
Crime Score
2
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in New Hope, TN sell after 30 days on the market compared to the national average of 47 days. The average sale price for homes in New Hope, TN over the last 12 months is $235,000, down 41% from the average home sale price over the previous 12 months.
South Pittsburg/New Hope area. Mail Loop Road, Lot 3 is included in sell. This home offers very spacious rooms. Beautiful maintained with love property. Nice landscaping with many pretty flowers and shrubs. The back yard offers a tranquil feel with nice trees dividing back and one side of the yard. home with 0.48 acres with additional lot. .3 acres Mail Loop Drive backs up to home property.
South Pittsburg/New Hope area. Mail Loop Road, Lot 3 is included in sell. This home offers very spacious rooms. Beautiful maintained with love property. Nice landscaping with many pretty flowers and shrubs. The back yard offers a tranquil feel with nice trees dividing back and one side of yard. Home with .48 acres with additional lot .3 acres Mail Loop Drive backs up to home property. The
DO NOT DISTURB homeowners!! Imagine owning a piece of unrestricted land just a stone's throw away from the serene Tennessee River, perfectly positioned only 30 minutes from the vibrant heart of downtown Chattanooga. This wooded lot, adorned with mature trees, offers the ideal backdrop for families and first-time buyers eager to embrace nature while enjoying the conveniences of local shopping in
Interested in learning more about homes in this area?
Reach out to
Paul Avratin,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
978
Median Age
50
Population Density
1 person/acre
Population under 18
18.5%
Below the national average
23.8%
Population over 65
25.1%
Above the national average
19.1%
Finances
Median Household Income
$45,357
Significantly below the national average
$71,702
Average Household Income
$56,099
Education and Workforce
High School Graduates
82.6%
College Graduates
5.4%
Significantly below the national average
34.1%
Advanced Degrees
1.1%
% Population in Labor Force
50.9%
Below the national average
65.1%
Weather
Annual Precipitation
53''
Average Winter Low Temperature
29°F
Average Summer High Temperature
87°F
Annual Snowfall
7''
Area Factors
Somewhat Bikeable
Bike Score®
8/ 100
Car-Dependent
Walk Score®
0/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
