Home prices
The median home in Hopewell costs $122,900. Compared to the surrounding areas it is about $56,420 (31%) lower.In comparison to the entire nation it is approximately $94,600 (43%) lower, and in comparison to the city of Virginia Beach is approximately $157,900 (56%) lower.
Rents
Hopewell's median rent is $886 a month. In comparison to nearby areas this is about $331 (27%) lower.It is about $176 (16%) lower in comparison to the entire nation, and it is about $481 (35%) lower in comparison to the city of Virginia Beach.
Nearby places
Enon
Enon is Hopewell's neighbor to the north. Its housing prices are somewhat more expensive. The median home in Enon costs $168,200, which works out to $45,300 (26%) higher than Hopewell. Rent there is significantly more expensive. In Enon the median monthly rent is $1,345, which comes out to $459 (34%) higher than Hopewell.
Fort Lee
Fort Lee is approximately 4 miles south of Hopewell. Real estate prices there are significantly more expensive. The median home in Fort Lee is valued at $225,000, which is $102,100 (45%) higher than Hopewell. Rent there is a lot more expensive. In Fort Lee the median monthly rent is $1,697, which is $811 (47%) higher than Hopewell.
Colonial Heights
Colonial Heights is roughly 5 miles west of Hopewell. Its real estate prices are somewhat more expensive. The median home price in Colonial Heights is $171,700, which comes out to $48,800 (28%) higher than Hopewell. Its rents are somewhat more expensive. Colonial Heights's median rent is $1,038 per month, which comes out to $152 (14%) higher than Hopewell.
Prince George
Prince George is approximately 5 miles south of Hopewell. Its real estate prices are a lot more expensive. The median home in Prince George is valued at $195,700, which works out to $72,800 (37%) higher than Hopewell. The rent there is somewhat more expensive. Prince George's median monthly rent is $936, which is $50 (5%) higher than Hopewell.
Ettrick
Ettrick is roughly 7 miles southwest from Hopewell. Its housing prices are a little more expensive. The cost of the median home in Ettrick is $136,000, which works out to $13,100 (9%) higher than Hopewell. The rent there is a bit more expensive. The median rent in Ettrick is $1,069 per month, which works out to $183 (17%) higher than Hopewell.