New Hope
Realust Score
69
↗
+0.0%
1-year
↗
+29.3%
5-year
'20 '21 '22 '23 '24 '25
Stable
• 53% velocity
Snapshot
New Hope feels low-density and residential—think older country homes and acreage parcels more than planned subdivisions—so daily life is car-first: groceries, dining, healthcare, and most services are found in nearby towns (for example Wylie and Lavon) or larger cities a short drive away. Commuting to major job centers like Plano or Dallas typically means using state and county roads, so peak travel can be slow and variable; many residents accept the longer drives for privacy and space. Utilities and infrastructure vary by property—some parcels rely on wells or septic and municipal services can be limited—so confirm water, sewer, and school zoning for any specific address. The tradeoff is straightforward: more land, quieter streets, and rural character in exchange for fewer local amenities, regular driving for errands, and a lifestyle that leans on neighboring towns and county services.
Best For:
Small-Town Residents
McKinney Commuters
Privacy & Space Lovers
725
Population
$500,000
Median Home Price
$85,000
Median Income
6.6/10
School Rating
✓ Pros
- Short drive to McKinney amenities — Shopping, dining, and services are minutes away while maintaining a separate town identity.
- Strong sense of small-town identity — Very low population means neighbors often know each other.
- Affordable entry relative to luxury suburbs — Smaller town housing can be more accessible than wealthier nearby communities.
✗ Cons
- Very limited local amenities — Few shops, restaurants, or entertainment options within town limits.
- Small housing market — Limited inventory can make finding the right home harder than in larger suburbs.
- Car-dependent lifestyle — Almost all errands require a short drive to McKinney or surrounding cities.
69
Realust Score
B- – Above Average
69
💰 Prosperity
79
🎓 Schools
50
🛡️ Safety
76
🌳 Lifestyle
61
🏷️ Affordability
75
📊 Market
58
🚗 Commute
65
📈 Growth
Demographics
Population
725
Total Population
492.0
People per sq mile
+9.6%
5-Year Growth
Age Distribution
24.5%
Under 18
10.5%
25-34
14.8%
35-44
13.0%
65+
Median Age: 42.8 years
Households
2.7
Avg Household Size
80.5%
Family Households
75.2%
Homeownership Rate
Education Level
90.5%
High School+
32.5%
Bachelor's+
10.8%
Graduate Degree
Connectivity & Remote Work
8.8%
🏠 Work From Home
Racial & Ethnic Composition
White
84.5%
Hispanic/Latino
12.2%
Black
3.5%
Two or More
2.5%
Asian
1.8%
Foreign Born: 5.2%
Momentum
53
+3
Stable
'20
'21
'22
'23
'24
'25
Real Estate
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💡 Market Insights
🐢
Patient Market
Homes take about 80 days to sell — buyers have time to decide.
🔥
High Buyer Demand
42% of listings are already under contract — expect competition.
📊
Steady Growth
Home values increased 29% over 5 years.
🌳
Established Neighborhoods
Mostly existing homes — mature trees and settled communities.
Home Prices
$334
Per Sq Ft
$399,000
Starter Home
$500,000
Median Price
$1,100,000
Premium Home
Market Trends ⚠️
🏠 Home Prices
Limited Data
↑ +9.9%
1-Year Change
+29.3%
5-Year Change
Market Health
329
Active Listings
80
Median Days on Market
41.8%
Under Contract
20%
Price Reduced
🏷️ Buyer-friendly market - more room to negotiate.
Market Insights
1.4 mo
📦 Seller's market
5.9x
🏷️ Income to Buy
+48%
📍 vs Region Avg
Typical Home
2,027
Sq Ft
4
🛏️ Beds
2.5
🚿 Baths
112,724
🌳 Lot Sq Ft
1992
📅 Year Built
2.2-car
🚗 Garage
Property Mix
80%
🏠 Single Family
0%
🏘️ Townhome
0%
🏢 Condo
Common Features
20%
🏊 Pool
80%
🚗 Garage
80%
🏠 Single Story
40%
🔥 Fireplace
80%
❄️ Central Air
Costs & Ownership
$2,528
Est. Monthly Payment
0%
Have HOA
Investment Indicators
0%
🏢 Rental Vacancy
Low (Good)
0/10
📊 Low Risk
0%
🏗️ New Construction
$125,000
💰 Per Bedroom
Lifestyle
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Rural
Lifestyle Scores
5.3
👨👩👧 Family Friendly
4.7
🏃 Outdoor Activities
4
🌙 Nightlife
7.3
💪 Health & Fitness
6.7
🌍 Diversity
6.7
☀️ Weather
Nearby Amenities (within 5 miles)
🍽️
60+
Restaurants
🌳
60+
Parks
💪
7
Gyms
☕
10
Coffee
🍺
1
Bars
👶
60+
Daycares
🏥
3
Hospitals
💊
3
Pharmacies
🦷
9
Dentists
📚
1
Libraries
🐕
60+
Dog Parks
Getting Around
3
🚶 Walk Score
26
🚴 Bike Score
N/A
🚌 Transit Score
Seasonal Temperatures
❄️ January
56°
39° low
🌸 April
73°
56° low
☀️ July
94°
78° low
🍂 October
77°
59° low
Annual Conditions
☀️
216
Sunny Days/Year
🌧️
149
Rainy Days/Year
💧
56"
Annual Rainfall
🌡️ North Texas enjoys a humid subtropical climate with hot summers and mild winters.
Crime & Safety
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Safety Overview
N/A
Safety Grade
0
Violent Crime Rate
per 1,000 residents
0
Property Crime Rate
per 1,000 residents
Violent Crime
0
Assault
0
Robbery
0
Murder
0
Rape
Rates per 100,000 residents
Property Crime
0
Burglary
0
Theft
0
Vehicle Theft
Rates per 100,000 residents
Job Market
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Income
$85,000
Median Household
$96,455
Average Household
$38,500
Per Capita
Employment
2.3%
Unemployment Rate
-27.4%
Job Growth (1 yr)
5.5%
Poverty Rate
Education
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School District
McKinney Independent School District ISD
Primary District
A-
District Grade
Top 29%
State Ranking
Schools
21
Elementary
5
Middle
6
High School
Academic Info
14.1:1
Student-Teacher Ratio
🎯 College Readiness (Class of 2023)
97%
📝 Took SAT/ACT
26.4%
🎯 College Ready
C
38.9%
📚 TSI Ready
College Ready: 1180+ SAT or 24+ ACT | TSI Ready: Met Texas college-ready criteria
Transportation
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Mobility Scores
3
Walk Score
26
Bike Score
N/A
Transit Score
Commute
29
Avg Minutes
85.3%
Drive Alone
5.9%
Carpool
8.8%
Work from Home
Distance To
36.6 mi
Downtown Dallas
38 mi
DFW Airport
38.8 mi
Love Field
⚡ EV Charging
3
Public Stations
0
DC Fast Ports
4
Level 2 Ports
Networks:
ChargePoint Network
Cost of Living
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Cost Index (100 = National Average)
101
Overall
113
Housing
97
Utilities
100
Groceries
102
Transportation
100
Healthcare
Monthly Utilities
⚡ Electric
$142
💧 Water
$52
🔥 Gas
$44
📶 Internet
$72
Everyday Costs
$823
Monthly Groceries (Family of 4)
$3
Gas Price (per gallon)
Taxes
8.3%
Sales Tax Rate
2.2%
Property Tax Rate
