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Hopewell, TN Housing

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As of 2010-2014, median price of a house in Hopewell is $160,600, which is higher than the state average of $139,900 and is lower than the national average of $175,700. The Hopewell median house value has grown by 79.44% since 2000. The growth rate for the price of a house in Hopewell is higher than the state average rate of 50.43% and is higher than the national average rate of 46.91%. The median year that a house in Hopewell was built is 1978, which is older than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 640 Owner Occupied Houses in Hopewell, TN, #74

Hopewell, TN	160,600 USD
Tennessee	139,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #16

Hopewell, TN	79.44%
Tennessee	50.43%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Hopewell, TN	Tennessee	U.S.
Total Housing Units	839, see rank, 100%	2,839,142	132,741,033
Occupied Housing Units	742, 88.44%, see rank	87.61%	87.55%
Owner Occupied	640, 76.28%, see rank	58.82%	56.34%
Renter Occupied	102, 12.16%, see rank	28.79%	31.21%
Vacant Housing Units	97, 11.56%, see rank	12.39%	12.45%
For Rent	0, 0.00%, see rank	2.61%	2.34%
For Sale Only	0, 0.00%, see rank	1.32%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	1.07%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	2.44%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	97, 11.56%, see rank	4.93%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #173

Hopewell, TN	Tennessee	U.S.
1978	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Hopewell, TN	%	Tennessee	U.S.
Owner-Occupied Units	640	100%	1,669,953	74,787,460
With a Mortgage	310	48.44%, see rank	61.60%	65.58%
Without a Mortgage	330	51.56%, see rank	38.40%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Hopewell, TN	1,147 USD
Tennessee	1,197 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Hopewell, TN	%	Tennessee	U.S.
$299 or Less	0	0.00%, see rank	0.28%	0.20%
$300 to $499	0	0.00%, see rank	2.56%	1.59%
$500 to $699	0	0.00%, see rank	8.39%	5.01%
$700 to $999	115	37.10%, see rank	23.06%	14.32%
$1,000 to $1,499	145	46.77%, see rank	34.56%	27.90%
$1,500 to $1,999	29	9.35%, see rank	16.87%	20.35%
$2,000 to $2,999	10	3.23%, see rank	10.45%	19.52%
$3,000 or More	11	3.55%, see rank	3.83%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Hopewell, TN	21.80% of the Total Income
Tennessee	22.70% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Hopewell, TN	%	Tennessee	U.S.
10% or Less	0	0.00%, see rank	6.05%	5.86%
10% to 20%	118	38.06%, see rank	34.78%	31.95%
20% to 30%	114	36.77%, see rank	28.01%	27.64%
30% to 40%	0	0.00%, see rank	12.76%	13.74%
40% or More	78	25.16%, see rank	17.77%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Hopewell, TN	408 USD
Tennessee	359 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Hopewell, TN	%	Tennessee	U.S.
$199 or Less	0	0.00%, see rank	10.63%	7.76%
$200 to $299	25	7.58%, see rank	23.38%	14.70%
$300 to $499	211	63.94%, see rank	42.62%	34.63%
$500 to $699	94	28.48%, see rank	15.15%	21.16%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Hopewell, TN	10.00% of the Total Income
Tennessee	11.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Hopewell, TN	%	Tennessee	U.S.
10% or Less	212	64.24%, see rank	45.34%	40.19%
10% to 20%	74	22.42%, see rank	31.24%	31.47%
20% to 30%	0	0.00%, see rank	10.84%	12.24%
30% to 40%	0	0.00%, see rank	4.71%	5.64%
40% or More	44	13.33%, see rank	6.65%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Hopewell, TN	Tennessee	U.S.
Total Housing Units	839, 100%	2,839,142	132,741,033
1-unit, Detached	768, 91.54%, see rank	68.74%	61.65%
1-unit, Attached	11, 1.31%, see rank	3.11%	5.82%
2 Units	42, 5.01%, see rank	3.00%	3.75%
3 or 4 Units	18, 2.15%, see rank	3.14%	4.43%
5 to 9 Units	0, 0.00%, see rank	4.62%	4.78%
10 or More Units	0, 0.00%, see rank	7.73%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	9.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Hopewell, TN	Tennessee	U.S.
Total Housing Units	839, 100%	2,839,142	132,741,033
1 Room	0, 0.00%, see rank	1.08%	1.95%
2 Rooms	0, 0.00%, see rank	1.43%	2.48%
3 Rooms	79, 9.42%, see rank	6.75%	9.13%
4 Rooms	11, 1.31%, see rank	16.35%	16.60%
5 Rooms	262, 31.23%, see rank	22.36%	20.41%
6 Rooms	145, 17.28%, see rank	19.26%	18.06%
7 Rooms	109, 12.99%, see rank	13.02%	12.27%
8 Rooms	54, 6.44%, see rank	8.63%	8.48%
9 Rooms or More	179, 21.33%, see rank	11.12%	10.60%
Median Rooms	6.00, see rank	5.60	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Hopewell, TN	Tennessee	U.S.
Total Housing Units	839, 100%	2,839,142	132,741,033
No Bedroom	0, 0.00%, see rank	1.18%	2.17%
1 Bedroom	42, 5.01%, see rank	7.78%	11.16%
2 Bedrooms	100, 11.92%, see rank	26.67%	26.69%
3 Bedrooms	484, 57.69%, see rank	46.66%	39.70%
4 Bedrooms	102, 12.16%, see rank	14.27%	16.05%
5 or More Bedrooms	111, 13.23%, see rank	3.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Hopewell, TN	Tennessee	U.S.
Total Housing Units	742, 100%	2,487,349	116,211,092
Utility Gas	33, 4.45%, see rank	33.15%	48.85%
Bottled, Tank, or LP Gas	0, 0.00%, see rank	4.33%	4.86%
Electricity	693, 93.40%, see rank	59.47%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.47%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	0, 0.00%, see rank	2.14%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	0, 0.00%, see rank	0.11%	0.47%
No Fuel Used	16, 2.16%, see rank	0.27%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Hopewell, TN	Tennessee	U.S.
Occupied Units Paying Rent	92, 100%	747,962	39,201,928
$199 or Less	0, 0.00%, see rank	2.40%	1.50%
$200 to $299	0, 0.00%, see rank	4.03%	3.18%
$300 to $499	0, 0.00%, see rank	10.84%	7.37%
$500 to $699	29, 31.52%, see rank	24.36%	16.01%
$700 to $999	47, 51.09%, see rank	35.12%	29.17%
$1,000 to $1,499	16, 17.39%, see rank	18.39%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	3.36%	9.79%
$2,000 or More	0, 0.00%, see rank	1.49%	6.10%
Median	$900, see rank	$757	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Hopewell, TN	Tennessee	U.S.
Occupied Housing Units	742, 100%	2,487,349	116,211,092
No Vehicles Available	16, 2.16%, see rank	6.39%	9.12%
1 Vehicles Available	231, 31.13%, see rank	32.88%	33.80%
2 Vehicles Available	257, 34.64%, see rank	38.26%	37.48%
3 or More Vehicles Available	238, 32.08%, see rank	22.47%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.