Expensive
Affordable
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These days, finding an affordable place to live in the Hope Mills area can be challenging. Home prices in Hope Mills are now at a median cost of $225,892, lower than the North Carolina average of $323,314.
The average cost of rent is $1,196/mo in Hope Mills, primarily driven by the current value of real estate in the Hope Mills area. In Hope Mills, 26.88% of households rent, and 27.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hope Mills is $5,861 per month. Households that rent pay about 20.41% of their income on rent here. Hope Mills’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Parkton, NC: less expensive homes
- Fayetteville, NC: less expensive homes
- Vander, NC: less expensive homes
- Lumber Bridge, NC: less expensive homes
- Rex, NC: less expensive homes
- St. Pauls, NC: less expensive homes
- Eastover, NC: higher priced homes
- Dundarrach, NC: less expensive homes
- Shannon, NC: less expensive homes
- Raeford, NC: equally priced homes
Cities with Similar Populations
- Willowbrook, CA: higher priced homes
- Dorado, PR: equally priced homes
- Canal Winchester, OH: higher priced homes
- Calhoun, GA: equally priced homes
- Brownsburg, IN: higher priced homes
- Bettendorf, IA: higher priced homes
- Woodlawn, MD: higher priced homes
- Bartlett, IL: higher priced homes
- Bartlesville, OK: less expensive homes
- Aventura, FL: higher priced homes
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