Hope Valley, RI Real Estate

According to census data in the year 2000 there were 651 housing units in Hope Valley. This represents a 15.2% growth from 565 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 651 were located in what is classified as a rural area.

Homeownership rate in Hope Valley is about 76.6%. Hope Valley's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Hope Valley were built after 1962.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom9.50%
Two Bedrooms25.20%
Three Bedrooms45%
Four Bedrooms16.60%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1968
Median Value of occupied units$134,700
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1939
Median Monthly Rent asked for vacant units$703

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.30%
Home Equity Loan8%
Simple Mortgage51.50%
Debt Free31.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%