Hope Valley, RI Housing

Hope Valley, RI is an affluent area that has seen its housing values rise significantly over the past year. According to the US House Median Value, the median house value in Hope Valley is $380,600 which is nearly $50,000 higher than the national average of $338,100. The US 1 year House Appreciation rate is 8.27%, however in Hope Valley this number is even higher at 10.78%. This increase in value indicates that those living in Hope Valley are investing in their homes and will experience equity growth should they decide to sell or refinance their property.

The median home cost in Hope Valley is $380,600. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Hope Valley is up 16.0%.

Average Age of Homes

- The median age of Hope Valley real estate is 52 years old

The Rental Market in Hope Valley

- Renters make up 25.4% of the Hope Valley population
- 0.0% of houses and apartments in Hope Valley, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hope Valley, Rhode Island	United States
	651.0	139,647,020.0
	55	42
	$380,600	$338,100
	16.0%	16.6%
	60.5%	57.0%
	91.2%	101.1%
	$12.05	$10.98
	$5,672	$2,690
	58.8%	57.4%
	12.0%	11.2%
	29.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	5.1%	0.7%
	0.0%	0.4%
	6.9%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	4.2%	4.5%
	0.0%	11.3%
	4.2%	13.0%
	35.5%	20.1%
	22.7%	13.6%
	32.1%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	2.5%	13.6%
	23.0%	13.2%
	7.1%	14.8%
	2.5%	13.6%
	10.4%	10.0%
	15.5%	4.7%
	21.2%	12.2%