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Sarah Mitchell

CNESRESABR

Compass Real Estate · Hope Mills, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hope Mills, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Hope Mills, NC Housing Market & Real Estate

Balanced market+14.8% YoY

Housing market overview · Updated monthly ·

$301,250median sale price

How is the Hope Mills, NC housing market right now?

The median home sale price in Hope Mills, NC is $301,250, up 14.8% year-over-year. Homes sell in an average of 30 days with 69 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Hope Mills a buyer's or seller's market?

Balanced market4.3 months of supply30 avg. days on market

Hope Mills, NC is currently a balanced market, based on 4.3 months of supply and homes selling in about 30 days. How we determine this →

Homes sold

16

Last 12 weeks

Days on market

30

Average pace

Active listings

69

4.3 months supply

Sale-to-list

99.5%

Below asking

What does the Hope Mills housing market data show?

Current housing market statistics for Hope Mills, NC
MetricValue
Median sale price$301,250
Median list price$246,250
Year-over-year price change+14.8%
Average days on market30 days
Active inventory69 listings
Months of supply4.3 months
Sale-to-list price ratio99.5%
Median price per sq ft$157/sq ft
Homes sold (latest month)16
New listings (latest month)28
Listings with a price cut30.4%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Hope Mills by property type?

How the Hope Mills, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Hope Mills, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$301,250$157/sq ft1630 days
Townhouse$180,000$138/sq ft1153 days

Source: Redfin · Updated monthly

The Hope Mills housing market is currently classified as a balanced market with a median sale price of $301,250. Prices have risen 14.8% compared to last year, with homes spending an average of 30 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.

Homes for sale in Hope Mills

There are currently 69 homes listed for sale in Hope Mills, North Carolina. The median listing price is $246K.

Active listings

69

Homes on market

Median list price

$246K

Avg. days on market

30

Days until sale

New this week

28

Newly listed

Price drops:30.4%of listings
Sale-to-list:99.5%

Who lives in Hope Mills?

Population

17,823

Median income

$60,671/yr

Median age

33.3 years

Owner-occupied

63.4%

College grads

23.6%

Avg commute

26.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Hope Mills?

Zillow home value

$266,012

Zillow rent index

$1,716/mo

Price-to-rent ratio

12.9x

Price-to-income

4.4x

Source: Zillow Research

What is it like to live in Hope Mills?

Hope Mills is a community of approximately 18K residents with a median age of 33.3 years.The median household income is $60,671, which represents a working-class community with solid middle-income opportunities. 23.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 63.4%, showing a blend of owner and renter-occupied properties. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hope Mills offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Hope Mills?

10 schools tracked · 8,228 students

The largest public schools serving Hope Mills, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

South View High

Grades 9-12 · 1,451 students

Public

Gray's Creek High

Grades 9-12 · 1,419 students

Public

Gray's Creek Middle

Grades 6-8 · 1,088 students

Public

Gallberry Farm Elementary

Grades PK-5 · 914 students

Public

Rockfish Elementary

Grades PK-5 · 669 students

Public

South View Middle

Grades 6-8 · 626 students

Public

Ed V Baldwin Elementary

Grades PK-5 · 606 students

Public

C Wayne Collier Elementary

Grades PK-5 · 505 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Hope Mills, NC?

Want a head-to-head view? Compare Hope Mills side-by-side with any other U.S. city using our market-comparison tool.

Is Hope Mills a good real estate investment market?

For investors evaluating Hope Mills, the price-to-rent ratio of 12.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 14.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hope Mills's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hope Mills's median home price.

Frequently asked questions

What is the average home price in Hope Mills?

The median home sale price in Hope Mills is $301,250, up 14.8% from last year.

How long do homes stay on market in Hope Mills?

Homes typically spend 30 days on market before going under contract.

What is the median income in Hope Mills?

The median household income is $60,671 per year.

Is Hope Mills a buyer's or seller's market?

With 4.3 months of supply, Hope Mills is currently a balanced market.

What is the Zillow home value estimate for Hope Mills?

The Zillow Home Value Index (ZHVI) for Hope Mills is $266,012, representing the typical home value in the area.

How much does a single-family home cost in Hope Mills?

The median single-family home price in Hope Mills, NC is $301,250 (about $157 per square foot).

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