The housing in Hopewell township (Cumberland County), NJ is quite impressive compared to the national standards. The median value of a house in Hopewell is $249,800 which is significantly lower than the U.S. House Median Value of $338,100. Furthermore, the U.S. 1 year House Appreciation rate is 8.27%, however, the House 1 year appreciation rate for Hopewell township (Cumberland County), NJ is 10.41% which shows that it has been growing at an even faster rate compared to the rest of the country. This indicates that Hopwell Township is a great place for potential homebuyers looking for an affordable and appreciating market.
The median home cost in Hopewell is $249,800. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Hopewell is up 17.5%.
Average Age of Homes
- The median age of Hopewell real estate is 49 years old
The Rental Market in Hopewell
- Renters make up 12.7% of the Hopewell population
- 0.0% of houses and apartments in Hopewell, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.