Hopewell, TN Real Estate

According to census data in the year 2000 there were 702 housing units in Hopewell. This represents a 30.9% decline from 1,016 in 1990.

Of those housing units, 392 were located in either urbanized areas or urban clusters, and 310 were located in what is classified as a rural area.

Homeownership rate in Hopewell is about 81.8%. Hopewell's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Hopewell were built after 1977.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.10%
Two Bedrooms12.10%
Three Bedrooms69.20%
Four Bedrooms12.10%
Five Bedrooms or more4.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1976
Median Value of occupied units$89,500
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size3.68
Median year structure was built1980
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.90%
Home Equity Loan3%
Simple Mortgage45.60%
Debt Free44.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%