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New Hope

New Hope

Located in Marion County

$273,935 Average Value

A rural hideaway along the Tennessee River in New Hope

New Hope sits along a bend in the Tennessee River, across the water from larger towns like South Pittsburg and Kimball. “Until the ’90s, you could only get over there by ferry,” says Jessica Wright, a Realtor with Re/Max Realty South who specializes in Marion County, Tennessee. “So it was its own little thing. But it’s beautiful over there. It’s got rolling hills and swooping curves on some of the roads.” While New Hope is more easily accessible now, it retains its rural character, with residents enjoying the area’s solitude and privacy.

Homes along the main road or tucked back and private

Winding country drives split off Highway 156, with homes along the main road or tucked back within the community. Lots are often large and private, surrounded by plots of untouched forest. The area’s split-level and brick ranch-style homes were often built in the late 20th century or early 21st century and sell between the high $100,000s and mid-$300,000s. Large plots of land also go on the market occasionally, settling between $10,000 and $20,000 per acre.

Recreation on the Tennessee River and Nickajack Lake

The Tennessee River is the border for much of New Hope, and residents use the water for recreation. The Nickajack Dam controls flow into Nickajack Lake, and residents can drop boats and kayaks into the lake from the Mapleview Public Use Area. “Here locally, there’s a fishing tournament they have, and there’s a speedboat race in Nickajack Lake,” Wright says. “There’s a lot that goes on here.” Nickajack Cave is nearby, a partially submerged cavern home to endangered bats; while the cave itself is closed to visitors, a deck outside offers viewing of the bats.

Highway 156 leads to Interstate 24

Tennessee Highway 156 is the main route through New Hope, cutting through the center of the community. Meanwhile, Interstate 24 runs along the north bank of the Tennessee River opposite New Hope, about a 2-mile drive from the area’s western edge. Chattanooga is 25 miles away, though the city is an hour ahead of New Hope — the border between the Central and Eastern time zones lies between the two. While residents nearly universally own cars, the Southeast Tennessee Human Resource Agency offers a demand-response transit system in Marion County.

Shops within New Hope and across the river into South Pittsburg

New Hope has a handful of shops and markets scattered along Highway 156. Backroad Relic Hunters offers antique goods and candied pecans, while Dollar General sells essentials. However, residents mainly head across the Tennessee River into South Pittsburg to shop or eat, as several restaurants and boutiques line Cedar Avenue. Kirkpatrick’s Foodland is the nearest grocery store, right across the bridge from New Hope.

Marion County School District education for students

New Hope is located in the Marion County School District. Students can attend South Pittsburg Elementary, which Niche gives a B-minus grade, from prekindergarten through sixth grade. They can then move on to B-rated South Pittsburg High, which serves seventh through 12th grade. South Pittsburg High offers career education opportunities in subjects including teaching, welding and nursing.

Events in South Pittsburg, like the National Cornbread Festival

While New Hope has a quiet atmosphere, residents can take advantage of what nearby South Pittsburg offers. The town has several theaters and small museums and puts on the National Cornbread Festival every summer. The event features music, a pageant and a cornbread cookoff.

Interested in learning more about homes in this area? Reach out to Paul Avratin, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Neighborhood Facts

Number of Homes in Neighborhood
2
Median Year Built
1976
Average Single Family Home Size Sq Ft
1,728
Below the national average
1,924
Median Lot Size Sq Ft
74,052

Open Houses

  • 0 Tennessee 156 Unit 1516461, New Hope, TN 37380

    $350,000

    • 0 Tennessee 156
    • Unit 1516461
    • New 20 days ago

    Welcome to South Pittsburg, Tn. Where the small town feel really exists. Enjoy fishing locally on the Tennessee River, visiting the Lodge Factory & Plant, local shopping, schools close by, and wonderful neighbors in this community. The wild life is abundant, beautiful blue skies, and peace and quiet surround this area. Under 10 minutes to US-24 which will take you to Chattanooga or Nashville.

    Amber Everett EXP Realty LLC

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  • 14465 Cr 91, Bryant, AL 35958

    $265,000

    • 2 Beds
    • 2 Baths
    • 1,146 Sq Ft
    • 14465 Cr 91
    • New 9 days ago

    Welcome to your cozy and energy-efficient 2023-built tiny home, situated near the Tennessee River and just minutes from the local boat launch. Surrounded by breathtaking mountains, this fully furnished two-bedroom, two full-bath retreat offers the perfect mix of comfort, style, and sustainability.Step inside to a warm, open-concept living space featuring a pellet stove for cozy nights,

    Melissa Hubbard RE/MAX Realty South

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

New Hope Has More Owners

Demographics

Total Population
978
Median Age
50
Population under 18
18.5%
Below the national average
23.8%
Population over 65
25.1%
Above the national average
19.1%

Finances

Median Household Income
$45,357
Significantly below the national average
$71,702
Average Household Income
$56,099

Education and Workforce

High School Graduates
82.6%
College Graduates
5.4%
Significantly below the national average
34.1%
Advanced Degrees
1.1%
% Population in Labor Force
50.9%
Below the national average
65.1%

Weather

Annual Precipitation
53''
Average Winter Low Temperature
29°F
Average Summer High Temperature
87°F
Annual Snowfall
7''

Area Factors

Somewhat Bikeable

Bike Score®®

12 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
New Hope