Hopewell Real Estate Market Extends Weakening in Home Prices

In this week's report, the number of homes sold in the Hopewell market dropped to 21 over the past 30 days, a decrease of 19.2% from last week's report, but still above the monthly average. In comparison, nearby Richmond had 190 sales in the same time frame, the most of all neighboring cities. The median sales price of homes sold came in at $118,900, which extended a downward swing in price to four weeks.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in Hopewell:

$109K   $112K   $119K  

Get started right now by checking out Hopewell homes for sale or reviewing Hopewell real estate trends.

Demographic facts about Hopewell:

  • The percentage of people who rent is 41.7%.
  • This area has a job growth projection of 28.4% for the next 10 years.
  • There are 368 students for every librarian. (803 = national average)

Data reported through 1/12/2017

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Virginia Capital Realty
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RE/MAX Signature
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RVA Realty, Inc
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