New Hope Homes under $400,000

Welcome to New Hope, Alabama – a hidden gem nestled in the picturesque foothills of the Appalachian Mountains. This charming city combines the warmth of Southern hospitality with a vibrant community spirit, making it an ideal place to call home. With its rich history, beautiful landscapes, and a plethora of outdoor activities, New Hope is perfect for families, retirees, and anyone looking to enjoy a peaceful lifestyle.

One of the standout features of New Hope is its affordability. For those searching for their dream home without breaking the bank, you’ll be pleased to know that there are numerous options available under $400,000. Whether you're looking for a cozy starter home, a spacious family residence, or a charming cottage, New Hope offers a diverse array of properties that cater to various tastes and needs.

The local real estate market is thriving, with homes showcasing modern amenities while retaining that classic Southern charm. Many properties come with generous yards, perfect for outdoor gatherings, gardening, or simply enjoying the serene surroundings. Additionally, the community is well-connected, with easy access to nearby cities like Huntsville, ensuring that you’re never far from urban conveniences.

Living in New Hope means embracing a lifestyle rich in recreation. Explore the nearby parks, hiking trails, and lakes that provide ample opportunities for fishing, boating, and picnicking. With a strong sense of community and a variety of local events, you’ll quickly feel at home in this delightful city. Discover your future in New Hope, where your dream home awaits!

Newest New Hope Homes under $400,000

$265,900

3 Beds ⋅ 2 Baths ⋅ 21931100 MLS ⋅ 1,234 SqFt.

New Hope, AL 3 bedroom, 2 bath full brick ranch in Huntland Estates, built in 2025. This 1,272 sq ft home sits on a 0.25 acre lot with LVP flooring, smooth ceilings, a 13x21 living room, and a 15x10 primary bedroom. One-level floor plan with an 11x10 kitchen and two more bedrooms measuring 10x10 and 9x10. Two-car front-entry garage, concrete driveway, slab foundation, central heat and air, public water and sewer. No HOA. Inside New Hope city limits. Zoned for New Hope K-12 schools in Madison County. Reach it from US-431 South. A newer-build alternative to builder inventory for first-time buyers and downsizers. Eligible for FHA, VA, USDA Rural Development, and conventional financing.

134 Stratman Drive, New Hope

$245,900

3 Beds ⋅ 2 Baths ⋅ 21930148 MLS ⋅ 1,518 SqFt.

Location! Space! and Potential! Conveniently located in the Heart of New Hope just steps from New Hope City Park, this 3 bed 2 bath offers a spacious layout and and OVERSIZED kitchen, perfect for entertaining. The light filled bonus or sunroom sits right off of the main living area, leaving plenty of room for your second living space, hobby room, or play room. Outside you will fins an oversized back yard with a detached building perfect for storing all of your outside gear. Outside also has a large deck and a covered pavilion for an added entertaining or grilling space. This home needs just a little TLC and your personal touches to bring it to life!

188 City Park Road, New Hope

$219,900

4 Beds ⋅ 2.75 Baths ⋅ 21927929 MLS ⋅ 2,400 SqFt.

Charming 4 bedrooms, 3 baths, 2400 sq ft home located on 2.16 level acres. Large open living room w/gas log fireplace, breakfast nook leading into the kitchen- solid oak cabinets, smooth top range/oven, dishwasher, leads into the dining room. Hallway into 3 bedrooms (one great for home office) Full bath and laundry room. Large master suite w/ sitting area, step shower, jacuzzi tub, walk thru his & her closets. Outside- Covered front porch for relaxing, covered back porch, hot tub, inground storm shelter, 2 car carport w/ building for extra storage, attached lean to. Large open back yard, back part of the land, past the fence has shaded trees. Extra driveway, see additional documents

1416 Low Gap Road, New Hope

$249,995

3 Beds ⋅ 2 Baths ⋅ 21927832 MLS ⋅ 1,230 SqFt.

ASSUMABLE 5.5% RATE: Welcome home to this charming 3 bedroom 2 bath home on an acre lot with magnificent views of the mountains and pastures. Enjoy the glorious sunsets, or relax on your covered front porch. Plenty of room for a garden if you choose. Inside there are luxury vinyl floors throughout. Fresh paint, updated ceiling fans in every room. Plenty of countertop space and cabinet storage in the eat in kitchen which is open to the family room. There is wonderful natural light throughout the home. The oversized laundry room has plenty of room for a drop zone and extra storage. Complete country charm with city convenience to the grocery store or the lake.

604 Honea Lane, New Hope

$149,900

3 Beds ⋅ 1 Baths ⋅ 21927416 MLS ⋅ 1,244 SqFt.

Pull out the tool belt, if your not afraid to put in some hard work to finish this quiet mountain get away situated on 13.3 gorgeous acres of hardwoods. It already has the materials needed to finish the rebuild, including wood, new dishwaher, new butcher block countertops, new kitchen sink, 2nd bath and so much more. All furnishings, washer/dryer, refrigerator, stove/oven, microwave, security system, duct free mini split HVAC system and new tankless water heater all convey. Roof is only 2 years old.

112 Shin Point Road, New Hope

$299,900

4 Beds ⋅ 2 Baths ⋅ 21926571 MLS ⋅ 1,774 SqFt.

Welcome to this full brick, well-maintained home that offers a functional floor plan with 4 bedrooms and 2 full bathrooms. Durable LVP flooring through the living room, eat-in kitchen and dining area that creates an inviting flow for everyday living. The spacious bedrooms and generous closets provide plenty of storage throughout the home. Outside, the privacy-fenced backyard, complete with a covered patio that's perfect for entertaining or relaxing. An additional storage building/workshop for lawn equipment, tools or hobbies. Conveniently located between Huntsville and Guntersville, an easy commute in either direction.

111 Stratman Drive, New Hope

$312,000

3 Beds ⋅ 1.75 Baths ⋅ 21926314 MLS ⋅ 1,601 SqFt.

UNDER CONSTRUCTION! Charming new construction in a quiet New Hope neighborhood! This 3BR/2BA, 1,601 sq ft home features an open kitchen with large island, walk-in pantry, split floor plan, mudroom with pocket office, laundry room, covered front porch, and LARGE front-entry garage. Currently at trim/paint stage — buyer may still have input on select finishes (mood board available). Built by a trusted local builder. Don't miss this one — schedule your showing today! Plan has minor changes from photos shown. Mood board is for inspiration only, not actual selections. Buyer may have selection choices depending on contract timing.

253 Taylor Avenue, New Hope

$207,500

3 Beds ⋅ 1.75 Baths ⋅ 21925202 MLS ⋅ 1,276 SqFt.

One year home warranty to be offered by seller with acceptable offer. Lovely home on Lynn Drive - move in ready with new carpet in bedrooms and some paint! 3 bedroom and 1-3/4 baths. Almost 1/2 an acre lot with a detached storage building, carport parking, and great back yard view off of your deck. Refrigerator will remain! Full brick with gutters on front and rear of home making maintenance easy for this already well cared for home.

138 Lynn Drive, New Hope

$215,000

3 Beds ⋅ 1.75 Baths ⋅ 21925087 MLS ⋅ 1,599 SqFt.

Now offered at $215,000! Below the appraised value from July 2025. 1050 Old Gurley Pike in New Hope offers 3 bedrooms, 2 bathrooms, a versatile flex room, and 1.90 acres to enjoy. Inside, you’ll find a comfortable layout with plenty of space to make your own. The flex room provides added versatility and could serve as a home office, playroom, hobby room, or additional sleeping space. Outside, the spacious property offers room to spread out, entertain, garden, or simply enjoy a little extra breathing room. If you’ve been searching for a home with space, flexibility, acreage, and an attractive new price in New Hope, this one deserves another look. Schedule your showing today!

1050 Old Gurley Pike, New Hope

$299,000

4 Beds ⋅ 2.5 Baths ⋅ 21922141 MLS ⋅ 1,868 SqFt.

This well appointed home offers an open concept designed for both comfortable everyday living and effortless entertaining. The spacious living area flows into the kitchen and dining spaces, creating a bright and welcoming atmosphere filled with natural light. The main level primary suite provides a private retreat with comfort and convenience, while upstairs you'll find additional bedrooms & bathrooms that offer flexibility for family, guests, or a home office. Step outside to a level backyard with plenty of room to relax, play, garden, or host gatherings. Thoughtful finishes throughout and a functional floor plan combine to create a home that blends comfort, style, and practicality

107 Angela Ridge Way, New Hope

$295,000

3 Beds ⋅ 1.75 Baths ⋅ 21921540 MLS ⋅ 1,152 SqFt.

NEW PRICE!!! Escape to the peace and privacy of country living with this beautiful home situated on an impressive 13.6-acre tract. The home offers modern comfort and style while being surrounded by natural beauty. A large, open front yard provides the perfect space for enjoying family gatherings and outdoor activities.Behind the home,the property transforms into a hunter’s paradise with acres of wooded land offering abundant wildlife and excellent opportunities for hunting right in your own backyard.Amazing out-buildings.A private homestead,recreational retreat,or a place to enjoy the outdoors while still having the comforts of a newer home,this property delivers the best of both worlds!

1836 Low Gap Road, New Hope

$287,400

4 Beds ⋅ 2 Baths ⋅ 21918631 MLS ⋅ 1,558 SqFt.

**HOME IS UNDER 48 HR FROR**Under Construction-The Freeport- a Home that fits many lifestyles. Greeted by a Foyer with inviting LVP flooring, find great spaces for children, guests or roommates with 3 secondary beds & bathroom with granite or quartz countertops. Be immersed in open living spaces that feature granite or quartz countertops, stainless steel appliances, shaker style cabinets, & walk-in corner pantry. A dining room & island spacious enough for dinner parties that overlook the backyard. The primary suite has dual vanities & two closets!

104 Jonboy Avenue, New Hope

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This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.