Housing in Hopewell, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$239,000
Median List Price
$252,225
Price Per Sq Ft
$160
Days on Market
27
Active Inventory
50
Months of Supply
3.1
Seller's market
Zillow Home Value
$225,251
ZHVI — January 2026
Zillow Rent Index
$1,430
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
37.5%
Off Market in 2 Weeks
34.5%
Sale-to-List Ratio
96.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
24
Pending Sales
29
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$160
Median List $/SF
$167
Hopewell vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 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
$165,100
Median Rent
$1,085
Total Housing Units
10,434
Vacancy Rate
9.7%
Owner Occupied
55.5%
Renter Occupied
44.5%
Median Property Tax
$1,600
per year
Monthly Cost (w/ Mortgage)
$1,009
Housing Types
The current median sale price in Hopewell, VA is $239,000 according to Redfin data. Homes spend a median of 27 days on the market. 37.5% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $160. Zillow's observed rent index is $1,430/month. About 55.5% of housing units are owner-occupied. The median year homes were built is 1970. There are 10,434 total housing units.