Hopewell, VA
Housing market overview · Updated weekly
$235,000median sale price
Homes sold
27
Last 12 weeks
Days on market
27
Average pace
Active listings
47
1.7 months supply
Sale-to-list
99.5%
Below asking
The Hopewell housing market is currently classified as a seller's market with a median sale price of $235,000. Prices have fallen 2.1% compared to last year, with homes spending an average of 27 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Hopewell?
The median home sale price in Hopewell is $235,000, down 2.1% from last year.
How long do homes stay on market in Hopewell?
Homes typically spend 27 days on market before going under contract.
Is Hopewell a buyer's or seller's market?
With 1.7 months of supply, Hopewell is currently a seller's market.
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