Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hopewell Springs area can be challenging. Home prices in Hopewell Springs are now at a median cost of $202,274, lower than the Tennessee average of $218,916.
The average cost of rent is $863/mo in Hopewell Springs, primarily driven by the current value of real estate in the Hopewell Springs area. While nearly 44.38% of residents own their homes outright in Hopewell Springs, 24.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hopewell Springs is $5,457 per month. Households that rent pay about 15.81% of their income on rent here. Hopewell Springs's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Vonore, TN: higher priced homes
- Madisonville, TN: less expensive homes
- Big Creek, TN: less expensive homes
- Lakeside, TN: higher priced homes
- Hiwassee College, TN: less expensive homes
- Rockville, TN: higher priced homes
- Howard, TN: less expensive homes
- Mount Vernon, TN: less expensive homes
- Rafter, TN: equally priced homes
- Gudger, TN: less expensive homes
Cities with Similar Populations
- Alfred Mills, ME: higher priced homes
- Zumbro Falls, MN: higher priced homes
- Wray, GA: less expensive homes
- Wooster, MI: equally priced homes
- Wink, TX: less expensive homes
- West Stafford, CT: higher priced homes
- West Shokan, NY: higher priced homes
- West Selmont, AL: less expensive homes
- Vanoss, OK: less expensive homes
- Dearborn, MO: equally priced homes
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