Why Live in New Hope
New Hope, a small town with a close-knit community feel, is characterized by its rural landscape of flat farmlands and spacious single-family homes. As Huntsville expands, new construction subdivisions are emerging around New Hope, featuring contemporary craftsman-style homes with paned windows and double gable roofs. The town also offers multi-acre properties for those looking to build custom homes. Older ranch-style homes from the mid-20th century are common, typically situated on large lawns. Local dining options include Dot's Dairy Den, known for its milkshakes and hamburgers, and Galen's Restaurant, a popular spot for Southern comfort food. Shopping is limited, with Piggly Wiggly-Ace Hardware being the main grocery store, while Jim's Grocery caters to specific needs like animal feed. New Hope High School, part of the Madison County School District, is highly rated and supports military families with programs like Student 2 Student. Outdoor activities are plentiful, with Civitan Park's medieval-themed playground, a public swimming pool, and a new splash pad. Residents also enjoy fishing at Guntersville Lake and visiting Rocket City Arcade & Classic Console for retro gaming. The annual Founder's Day Festival in October features corn-hole tournaments, chili cook-offs, and a community parade. Located 20 miles from Huntsville, New Hope is accessible via US Route 431, which connects to the nearest hospital in Downtown Huntsville. While the area is prone to tornadoes, a new safety shelter has been added to enhance community protection.
Home Trends in New Hope, AL
On average, homes in New Hope, AL sell after 74 days on the market compared to the national average of 50 days. The median sale price for homes in New Hope, AL over the last 12 months is $302,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$302,500
Median Single Family Sale Price
$319,950
Average Price Per Sq Ft
$174
Number of Homes for Sale
42
Last 12 months Home Sales
90
Median List Price
$315,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%