The housing in Hope Mills, NC is considerably more valuable than the median across the US. The median value of houses in Hope Mills is $212,800 while the median value of houses across the US is only $338,100. This difference is even more dramatic when looking at the house appreciation over the last year; Hope Mills has seen an impressive 16.91% increase in house values while the national figure stands at 8.27%. With such a large appreciation rate, it's no surprise that many people are turning to Hope Mills for their housing needs and are reaping the benefits of investing in this area.
The median home cost in Hope Mills is $212,800. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Hope Mills is up 19.9%.
Average Age of Homes
- The median age of Hope Mills real estate is 24 years old
The Rental Market in Hope Mills
- Renters make up 39.7% of the Hope Mills population
- 2.1% of houses and apartments in Hope Mills, 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.