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New Hope borough, PA

ZIP 18938 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 18938

Median Home Value
$701,700
Median Rent
$1,850
Affordability Snapshot
$193,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,508/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

31.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 18938 in New Hope borough, PA, a household would need roughly $193,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,508. That is about 20% above the local median household income ($161,146), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
87.7%+34% vs US avg
x
Vacancy Rate
4.9%-53% vs US avg
x
Broadband Access
96.7%+11% vs US avg
x
4+ Bedrooms
10.5%-29% vs US avg
x
Built Pre-1939
3.0%-76% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
24.7%-50% vs US avg
x
Mortgage-Free
47.2%+24% vs US avg
x
$701,700
Home Value
$1,850
Rent
1983
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached77.3%
  • 1-unit attached12.0%
  • 2-9 units3.9%
  • 10+ units4.1%
  • Mobile home & other2.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$701,700
Median rent$1,850
Owner-occupied87.7%
Vacant4.9%
Price-to-income4.4x
Est. income to buy$193,000