Housing in Hopewell, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$476,500

Median List Price

$475,000

Price Per Sq Ft

$203

Days on Market

81

Active Inventory

7

Months of Supply

1.8

Seller's market

Price Trends

Source: Redfin
Sale Price 63.2%List Price 24.2%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

92.4%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
28.6%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

2

Pending Sales

3

Homes Sold 0.0%New Listings 50.0%Pending 57.1%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$203

Median List $/SF

$218

Sale $/SF 5.7%List $/SF 32.9%Mar 24Dec 25

Hopewell vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Hopewell is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$227,700

Median Rent

$1,007

Total Housing Units

1,028

Vacancy Rate

7.6%

Owner Occupied

84.0%

Renter Occupied

16.0%

Median Property Tax

$1,221

per year

Monthly Cost (w/ Mortgage)

$1,109

Housing Types

Single Family
95.7%
Multi-Family
1.0%
Mobile Home
3.3%

The current median sale price in Hopewell, TN is $476,500 according to Redfin data. Homes spend a median of 81 days on the market. 0.0% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $203. The median rent is $1,007 per month (Census ACS). About 84.0% of housing units are owner-occupied. The median year homes were built is 1985. There are 1,028 total housing units.