Hopewell City County, VA Housing

Hopewell city, VA County is a great place to live with a median housing value of $218,100. Compared to the US House Median Value which is at $338,100, Hopewell city offers relatively affordable housing options. Additionally, the house appreciation rate for Hopewell city over the past year was 12.12%, which is higher than the US 1 year House Appreciation rate of 8.27%. This suggests that investing in real estate in this area may be a viable option and could yield good returns.

The median home cost in Hopewell City County is $218,100. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Hopewell City County is up 18.6%.

Average Age of Homes

- The median age of Hopewell City County real estate is 48 years old

The Rental Market in Hopewell City County

- Renters make up 40.6% of the Hopewell City County population
- 1.9% of houses and apartments in Hopewell City County, 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	Hopewell City, Virginia	United States
	10,395.0	139,647,020.0
	52	42
	$218,100	$338,100
	18.6%	16.6%
	58.1%	57.0%
	77.0%	101.1%
	$10.24	$10.98
	$1,303	$2,690
	44.4%	57.4%
	10.8%	11.2%
	44.8%	31.4%
Vacant Housing
	1.9%	1.9%
	0.4%	0.4%
	2.3%	0.7%
	1.4%	0.4%
	0.4%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	0.7%	2.4%
	4.4%	2.8%
	14.7%	3.9%
	13.2%	4.5%
	23.6%	11.3%
	26.0%	13.0%
	9.7%	20.1%
	2.5%	13.6%
	0.7%	8.3%
	0.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	5.9%	13.6%
	9.1%	13.2%
	20.1%	14.8%
	5.9%	13.6%
	16.2%	10.0%
	6.8%	4.7%
	11.8%	12.2%

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