Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hopewell area can be challenging. Home prices in Hopewell are now at a median cost of $478,776, higher than the New Jersey average of $388,929.
The average cost of rent is $2,038/mo in Hopewell, primarily driven by the current value of real estate in the Hopewell area. While nearly 33.78% of residents own their homes outright in Hopewell, 18.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hopewell is $12,178 per month. Households that rent pay about 16.73% of their income on rent here. Hopewell's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Marshalls Corner, NJ: less expensive homes
- Woodsville, NJ: equally priced homes
- Rosedale, NJ: higher priced homes
- Skillman, NJ: higher priced homes
- Pennington, NJ: equally priced homes
- Ringoes, NJ: equally priced homes
- Larisons Corner, NJ: equally priced homes
- Reaville, NJ: less expensive homes
- Titusville, NJ: equally priced homes
- Princeton, NJ: higher priced homes
Cities with Similar Populations
- Starr, SC: less expensive homes
- North Dighton, MA: less expensive homes
- Mount Vernon, TX: less expensive homes
- Abbeville, AL: less expensive homes
- Blissfield, MI: less expensive homes
- Colfax, WI: less expensive homes
- DeWitt, AR: less expensive homes
- Lebanon Junction, KY: less expensive homes
- Lakeview, OR: less expensive homes
- Baker, FL: less expensive homes
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