Market Summary

New Hope, Madison County, AL

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Median Home Price Price

$218,121 $218.1K

Median Monthly Rent Rent

$1,231 $1.2K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Madison County

Region Price Rent GRM Display
$336,210 $963 29.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Madison County

Region Price Rent GRM Display
$140,237 $1,076 11.0x
$138,530 $1,067 11.0x
$132,435 $761 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AL

Region Price Rent GRM Display
$449,287 $1,132 33.0x
$158,374 $1,159 11.0x
$476,227 $2,056 19.0x
$207,182 $1,774 10.0x
$171,545 $1,216 12.0x
$222,383 $1,110 17.0x
$207,383 $969 18.0x
$327,312 $1,106 25.0x
$198,613 $967 17.0x
$161,380 $860 16.0x
$673,165 $1,229 46.0x
$304,206 $1,540 16.0x
$221,873 $1,060 17.0x
$122,079 $976 10.0x
$226,577 $1,156 16.0x
$167,303 $1,010 14.0x
$122,716 $1,164 9.0x
$235,154 $796 25.0x
$90,704 $1,066 7.0x
$202,713 $1,037 16.0x
$188,000 $1,054 15.0x
$278,935 $1,036 22.0x
$277,196 $1,085 21.0x
$359,108 $1,208 25.0x
$219,823 $1,143 16.0x
$294,514 $1,223 20.0x
$292,121 $1,399 18.0x
$186,735 $1,014 15.0x
$295,815 $1,070 23.0x
$225,698 $1,035 18.0x
$236,277 $776 26.0x
$87,550 $819 9.0x
$273,324 $1,095 21.0x

Home prices

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Monthly rent

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GRM

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New Hope

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Trend Insights

Median Rent in New Hope, AL is $1,231, with MoM change +$7 and YoY change +$42 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Hope, AL.

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Metric
Base market New Hope, AL
Compare market Select a market
Delta vs base
Median rent
$1,231
N/A
Median price
$218,121
N/A
YoY change
+$42
N/A
Price-to-rent
14.8x
Data unavailable
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