Zip 28348 (Hope Mills, NC) Housing

The housing in 28348 Hope Mills, NC has a median value of $198,300 which is significantly lower than the US house median value of $338,100. Despite this difference in value, homeowners in this area have seen their houses appreciate by 16.91% over the past year, greater than the US house appreciation rate of 8.27%. This indicates that potential buyers may find good deals in this area and that homeowners may be able to benefit from higher returns on investment when it comes time to sell.

The median home cost in Hope Mills (zip 28348) is $198,300. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Hope Mills (zip 28348) is up 19.9%.

Average Age of Homes

- The median age of Hope Mills (zip 28348) real estate is 22 years old

The Rental Market in Hope Mills (zip 28348)

- Renters make up 30.6% of the Hope Mills (zip 28348) population
- 1.5% of houses and apartments in Hope Mills (zip 28348), 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 Mills, North Carolina	United States
	14,390.0	139,647,020.0
	25	42
	$198,300	$338,100
	19.9%	16.6%
	58.4%	57.0%
	61.0%	101.1%
	$10.82	$10.98
	$1,694	$2,690
	65.3%	57.4%
	8.8%	11.2%
	25.9%	31.4%
Vacant Housing
	1.5%	1.9%
	1.2%	0.4%
	1.1%	0.7%
	0.4%	0.4%
	0.3%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	2.4%	2.4%
	1.9%	2.8%
	4.0%	3.9%
	9.3%	4.5%
	25.8%	11.3%
	20.6%	13.0%
	24.7%	20.1%
	5.3%	13.6%
	1.8%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	27.5%	13.6%
	27.5%	13.6%
	22.3%	13.6%
	14.3%	13.2%
	13.4%	14.8%
	22.3%	13.6%
	2.5%	10.0%
	0.5%	4.7%
	1.6%	12.2%

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