New Hope, Bucks County, PA

Median Home Price Price

$875,542 $875.5K

Median Monthly Rent Rent

$2,417 $2.4K

30.0x

Market Snapshot

New Hope, Bucks County, PA is a city market with a median home price of $875,542, a median monthly rent of $2,417, a GRM of 30.0x, and a price-to-rent ratio of 30.2.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Churchville
$648K $1.8K 29.0x
Furlong
$709K $2.5K 24.0x
Ivyland
$550K $1.8K 25.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Narberth, Montgomery County, PA
$779K $2.4K 27.0x
King of Prussia, Montgomery County, PA
$468K $2.5K 16.0x
Avondale, Chester County, PA
$588K $1.8K 27.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Glen Ellyn, DuPage County, IL
$526K $1.8K 24.0x
Lovettsville, Loudoun County, VA
$753K $2.4K 26.0x
Nesconset, Suffolk County, NY
$717K $2.8K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

New Hope

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Benchmark comparison

Rent in New Hope, PA is 31.1% higher than Churchville, PA.

Compare to Churchville, PA
New Hope, PA
Churchville, PA
Delta
Median rent
$2,417
$1,843
-$574
Median price
$875,542
$647,525
-$228,017
YoY change
+$159
+$150
-$9
Price-to-rent
30.2x
29.3x
-0.9x

Key takeaways

  • New Hope, Bucks County, PA has a higher-grm screening profile: At 30.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $159 year over year.
  • Rent in New Hope, PA is 31.1% higher than Churchville, PA.