Home prices
The median home value in Hope is $285,700. It is roughly $89,380 (45%) higher in comparison to nearby areas.It is approximately $68,200 (31%) higher compared to the country as a whole, and is roughly $98,100 (52%) higher compared to the city of Spokane.
Rents
Hope's median rent is $744 per month. Compared to its surrounding areas it is about $207 (21%) lower.It is about $318 (29%) lower in comparison to the entire nation, and in comparison to the city of Spokane it is about $122 (14%) lower.
Nearby places
East Hope
East Hope is Hope's neighbor to the southeast. Real estate prices there are somewhat less expensive. The median home price in East Hope is $271,400, which comes out to $14,300 (5%) lower than Hope. Its rents are a lot more expensive. In East Hope the median rent is $1,300 per month, which comes out to $556 (42%) higher than Hope.
Clark Fork
Clark Fork is approximately 7 miles southeast from Hope. Its real estate prices are substantially less expensive. The median home in Clark Fork costs $126,600, which works out to $159,100 (125%) lower than Hope. Rent there is fairly similar. The median rent in Clark Fork is $729 a month, which comes out to $15 (2%) lower than Hope.
Kootenai
Kootenai is about 9 miles northwest from Hope. Its real estate prices are a lot less expensive. Kootenai's median home price is $172,400, which works out to $113,300 (65%) lower than Hope. Its rents are a little more expensive. Kootenai's median rent is $988 per month, which is $244 (24%) higher than Hope.
Ponderay
Ponderay is approximately 9 miles west of Hope. Real estate prices there are substantially less expensive. The cost of the median home in Ponderay is $161,800, which works out to $123,900 (76%) lower than Hope. The rent there is similar. Ponderay's median rent is $771 per month, which comes out to $27 (3%) higher than Hope.
Sandpoint
Sandpoint is approximately 10 miles west from Hope. The housing prices there are a bit less expensive. The median home value in Sandpoint is $249,400, which is $36,300 (14%) lower than Hope. Rents there are a bit more expensive. Sandpoint's median monthly rent is $965, which comes out to $221 (22%) higher than Hope.
