Home prices
The median home cost in Hope Mills is $134,900. Compared to other places in this area this is approximately $13,980 (11%) higher.Compared to the entire country it is approximately $82,600 (37%) lower, and compared to the city of Raleigh it is roughly $113,400 (45%) lower.
Rents
In Hope Mills the median monthly rent is $928. This is about $64 (7%) higher compared to its surrounding areas.Compared to the nation as a whole it is roughly $134 (12%) lower, and is approximately $193 (17%) lower in comparison to the city of Raleigh.
Nearby places
Fayetteville
Fayetteville is Hope Mills's neighbor to the north. Real estate prices there are fairly similar. The price of the median home in Fayetteville is $131,000, which is $3,900 (2%) lower than Hope Mills. Rents there are similar. Fayetteville's median monthly rent is $947, which works out to $19 (2%) higher than Hope Mills.
Parkton
Parkton is about 5 miles southwest of Hope Mills. The real estate prices there are somewhat less expensive. The median home in Parkton is valued at $110,700, which works out to $24,200 (21%) lower than Hope Mills. Rents there are significantly less expensive. The median monthly rent in Parkton is $675, which works out to $253 (37%) lower than Hope Mills.
Rockfish
Rockfish is roughly 5 miles west of Hope Mills. Its real estate prices are similar. The median home value in Rockfish is $137,900, which is $3,000 (2%) higher than Hope Mills. Rent there is a little more expensive. In Rockfish the median monthly rent is $1,158, which comes out to $230 (19%) higher than Hope Mills.
Lumber Bridge
Lumber Bridge is about 8 miles southwest from Hope Mills. Its real estate prices are a little less expensive. The median home in Lumber Bridge is valued at $109,400, which is $25,500 (23%) lower than Hope Mills. Its rents are a bit less expensive. The median monthly rent in Lumber Bridge is $725, which is $203 (28%) lower than Hope Mills.
Vander
Vander is approximately 9 miles northeast from Hope Mills. Housing prices there are a little less expensive. The median home in Vander costs $115,600, which works out to $19,300 (16%) lower than Hope Mills. Rent there is a little less expensive. The median monthly rent in Vander is $814, which comes out to $114 (14%) lower than Hope Mills.
