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Affordable
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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 $223,972, lower than the Ohio average of $236,816.
The average cost of rent is $914/mo in Hopewell, primarily driven by the current value of real estate in the Hopewell area. In Hopewell, 10.44% of households rent, and 32.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hopewell is $5,890 per month. Households that rent pay about 15.52% of their income on rent here. Hopewell’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gratiot, OH: higher priced homes
- Dillon Falls, OH: less expensive homes
- Brownsville, OH: higher priced homes
- Mount Perry, OH: higher priced homes
- Nashport, OH: equally priced homes
- White Cottage, OH: equally priced homes
- Fultonham, OH: equally priced homes
- East Fultonham, OH: less expensive homes
- Zanesville, OH: less expensive homes
- Linnville, OH: higher priced homes
Cities with Similar Populations
- Arroyo Seco, NM: higher priced homes
- Lyndonville, NY: less expensive homes
- Shubuta, MS: less expensive homes
- South Walpole, MA: higher priced homes
- St. Elmo, AL: less expensive homes
- Stamford, NY: equally priced homes
- Kintnersville, PA: higher priced homes
- Kenwood, VA: equally priced homes
- Kalida, OH: equally priced homes
- Huron, TN: equally priced homes
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