Zip 02832 (Hope Valley, RI) Housing

Housing in 02832 Hope Valley, RI is significantly above the national median value for homes, with a median value of $394,800 compared to the US House Median Value of $338,100. This area has seen a higher appreciation rate than the national rate, with 1-year house appreciation in 02832 at 10.78%, compared to 8.27% nationwide. With higher home values and faster appreciation rates, 02832 Hope Valley is an attractive option for homeowners looking to make a sound investment as property values continue to rise in this desirable area.

The median home cost in Hope Valley (zip 02832) is $394,800. Home appreciation the last 10 years has been 91.2%. Home Appreciation in Hope Valley (zip 02832) is up 16.0%.

Average Age of Homes

- The median age of Hope Valley (zip 02832) real estate is 42 years old

The Rental Market in Hope Valley (zip 02832)

- Renters make up 27.8% of the Hope Valley (zip 02832) population
- 0.0% of houses and apartments in Hope Valley (zip 02832), 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
	1,987.0	139,647,020.0
	38	42
	$394,800	$338,100
	16.0%	16.6%
	60.5%	57.0%
	91.2%	101.1%
	$12.05	$10.98
	$6,031	$2,690
	73.7%	57.4%
	8.6%	11.2%
	17.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	0.0%	0.4%
	2.3%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.9%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	1.1%	4.5%
	0.0%	11.3%
	2.9%	13.0%
	26.6%	20.1%
	37.8%	13.6%
	16.1%	8.3%
	11.5%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.8%	13.6%
	13.8%	13.6%
	14.9%	13.6%
	17.5%	13.2%
	15.3%	14.8%
	14.9%	13.6%
	3.4%	10.0%
	6.9%	4.7%
	15.0%	12.2%

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