Hopewell, VA Real Estate

According to census data in the year 2000 there were 9,749 housing units in Hopewell. This represents a 1.3% growth from 9,625 in 1990.

Of those housing units, 9,749 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Hopewell is about 55.9%. Hopewell's vacancy rate, including seasonal lodging, is about 7.1%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Hopewell were built after 1964.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom8.90%
Two Bedrooms29%
Three Bedrooms45.80%
Four Bedrooms12.50%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1962
Median Value of occupied units$77,300
Median Price asked for vacant units$68,100

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1967
Median Monthly Rent asked for vacant units$379

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9.30%
Home Equity Loan8.60%
Simple Mortgage48.60%
Debt Free33.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%