Hopewell, TN Real Estate
According to census data in the year 2000 there were 702 housing units in Hopewell.
This represents a 30.9% decline from 1,016 in 1990.
Of those housing units, 392 were located in either urbanized areas or urban clusters, and 310 were located in what is classified as a rural area.
Homeownership rate in Hopewell is about 81.8%.
Hopewell's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Hopewell were built after 1977.
|Housing Units by Size|
|Five Bedrooms or more||4.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.35|
|Median year structure was built||1976|
|Median Value of occupied units||$89,500|
|Median Price asked for vacant units||$95,000|
Rented Homes, Apartments and Condos
|Average Household Size||3.68|
|Median year structure was built||1980|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.9%|