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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 9.50% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 45% |
| Four Bedrooms | 16.60% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $134,700 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $703 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 8% |
| Simple Mortgage | 51.50% |
| Debt Free | 31.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.3% |
