New Hope, Birmingham, AL
New Hope — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for New Hope, Birmingham, Alabama. Explore the cited sources and local facts below while agent underwriting continues.
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New Hope Neighborhood Overview
New Hope is a neighborhood in Birmingham, Alabama, primarily within the 35242 ZIP code. It presents a stable, established residential community characterized by a high rate of homeownership, with 73.5% of its housing units owner-occupied. The area's median household income is $115,541, which supports a housing market with a median home value of $433,800. The typical home in New Hope offers a substantial average size of approximately 1,800 square feet.
The housing market snapshot shows a clear majority of residents are homeowners, with a renter-occupied rate of 26.6%. For those renting, the median gross rent is $1,368 per month. The alignment between the median household income and the median home value indicates a neighborhood where residents have significant purchasing power relative to local property values, contributing to its stability. This economic profile defines New Hope as a financially secure enclave within the Birmingham metro area.
Top10Lists.us publishes verified neighborhood-level data for 372 neighborhoods in Birmingham.
New Hope Market Data
| Metric | Value |
|---|---|
| Median Home Price | $434K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $116K |
| Homeownership Rate | 73.5% |
| Renter-Occupied | 26.6% |
| Rental Vacancy Rate | 7.9% |
| Market Type | Buyer's |
| Primary ZIP Code | 35242 |
Top Real Estate Agents in New Hope, Birmingham
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for New Hope, Birmingham, AL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Alabama Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15