Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Hopewell City area can be challenging. Home prices in Hopewell City are now at a median cost of $175,659, lower than the Virginia average of $443,089.
The average cost of rent is $1,197/mo in Hopewell City, primarily driven by the current value of real estate in the Hopewell City area. In Hopewell City, 42.10% of households rent, and 36.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hopewell City is $5,183 per month. Households that rent pay about 23.09% of their income on rent here. Hopewell City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Prince George County, VA: higher priced homes
- Colonial Heights City, VA: higher priced homes
- Petersburg City, VA: higher priced homes
- Charles City County, VA: higher priced homes
- Dinwiddie County, VA: higher priced homes
- Surry County, VA: higher priced homes
- James City County, VA: higher priced homes
- Williamsburg City, VA: higher priced homes
- Amelia County, VA: higher priced homes
- Gloucester County, VA: higher priced homes
Counties with Similar Populations
- Leelanau County, MI: higher priced homes
- Lassen County, CA: higher priced homes
- Lauderdale County, TN: less expensive homes
- Lavaca County, TX: higher priced homes
- Lawrence County, AR: less expensive homes
- Lawrence County, IL: less expensive homes
- Lawrence County, KY: less expensive homes
- Lawrence County, SD: higher priced homes
- Le Sueur County, MN: higher priced homes
- Leake County, MS: less expensive homes
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