Hopewell, TN is a great place to consider when looking for a home. The median value in Hopewell is $252,100, which is significantly lower than the US median value of $338,100. In addition to the lower price point, housing appreciation in the area has been quite strong over the past year with an increase of 13.88%, much higher than the US 1 year house appreciation rate of 8.27%. Therefore Hopewell is an attractive option for those looking to buy a home and who want to see their investment grow over time.
The median home cost in Hopewell is $252,100. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Hopewell is up 22.8%.
Average Age of Homes
- The median age of Hopewell real estate is 39 years old
The Rental Market in Hopewell
- Renters make up 12.2% 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.