Home prices
The value of the median home in Hopewell is $168,100. It is approximately $49,840 (42%) higher compared to the surrounding areas.Compared to the United States as a whole it is approximately $49,400 (22%) lower, and is roughly $31,800 (23%) higher in comparison to the city of Knoxville.
Rents
In Hopewell the median monthly rent is $573. Compared to its nearby areas this is about $192 (25%) lower.It is approximately $489 (46%) lower compared to the entire nation, and compared to the city of Knoxville it is roughly $272 (32%) lower.
Nearby places
Cleveland
Cleveland is Hopewell's neighbor to the southeast. Its housing prices are pretty similar. The median home in Cleveland costs $171,500, which works out to $3,400 (1%) higher than Hopewell. Its rents are a bit more expensive. The median rent in Cleveland is $768 per month, which is $195 (25%) higher than Hopewell.
East Cleveland
East Cleveland is about 6 miles southeast from Hopewell. Its housing prices are a lot less expensive. The median home value in East Cleveland is $69,500, which comes out to $98,600 (141%) lower than Hopewell. Rents there are somewhat more expensive. The median rent in East Cleveland is $715 per month, which comes out to $142 (19%) higher than Hopewell.
Charleston
Charleston is roughly 8 miles northeast from Hopewell. Housing prices there are substantially less expensive. The median home cost in Charleston is $122,400, which comes out to $45,700 (37%) lower than Hopewell. Rents there are a bit more expensive. The median rent in Charleston is $688 per month, which comes out to $115 (16%) higher than Hopewell.
South Cleveland
South Cleveland is roughly 9 miles south of Hopewell. The housing prices there are somewhat less expensive. The median home in South Cleveland costs $132,900, which comes out to $35,200 (26%) lower than Hopewell. The rent there is somewhat more expensive. In South Cleveland the median monthly rent is $811, which is $238 (29%) higher than Hopewell.
Calhoun
Calhoun is about 9 miles northeast of Hopewell. Housing prices there are substantially less expensive. The price of the median home in Calhoun is $95,000, which works out to $73,100 (76%) lower than Hopewell. Its rents are significantly more expensive. The median monthly rent in Calhoun is $844, which works out to $271 (32%) higher than Hopewell.
