Home prices
The median home in Hopewell costs $412,700. In comparison to its surrounding areas it is about $112,820 (21%) lower.It is approximately $195,200 (89%) higher in comparison to the rest of the nation, and compared to the city of New York it is about $193,300 (31%) lower.
Rents
In Hopewell the median rent is $1,605 a month. In comparison to other places in this area this is approximately $94 (5%) lower.It is roughly $543 (51%) higher compared to the United States as a whole, and it is roughly $162 (11%) higher in comparison to the city of New York.
Nearby places
Pennington
Pennington is approximately 4 miles south of Hopewell. The real estate prices there are a bit more expensive. The median home value in Pennington is $564,000, which is $151,300 (26%) higher than Hopewell. Rent there is similar. The median rent in Pennington is $1,539 per month, which works out to $66 (4%) lower than Hopewell.
Princeton
Princeton is roughly 4 miles southeast of Hopewell. Housing prices there are substantially more expensive. The median home cost in Princeton is $866,200, which works out to $453,500 (52%) higher than Hopewell. The rent there is fairly similar. Princeton's median monthly rent is $1,532, which is $73 (4%) lower than Hopewell.
Rocky Hill
Rocky Hill is roughly 5 miles east of Hopewell. Real estate prices there are a bit more expensive. The price of the median home in Rocky Hill is $521,500, which comes out to $108,800 (20%) higher than Hopewell. Rents there are a bit more expensive. Rocky Hill's median rent is $1,833 a month, which comes out to $228 (12%) higher than Hopewell.
Lawrenceville
Lawrenceville is approximately 6 miles south from Hopewell. The real estate prices there are a little less expensive. Lawrenceville's median home value is $316,000, which comes out to $96,700 (30%) lower than Hopewell. Rents there are a bit more expensive. The median monthly rent in Lawrenceville is $1,930, which works out to $325 (16%) higher than Hopewell.
Kingston
Kingston is approximately 6 miles east of Hopewell. Housing prices there are somewhat less expensive. The median home in Kingston is valued at $359,900, which is $52,800 (14%) lower than Hopewell. Rents there are pretty similar. In Kingston the median monthly rent is $1,661, which is $56 (3%) higher than Hopewell.
