There are currently 12,832 real estate properties in Hope Mills, NC, with a median automated valuation model (AVM) price of $158,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hope Mills, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hope Mills, NC, is $176,100.00, with the most expensive house in Hope Mills, NC, topping out at $4,400,974.00 and the cheapest home in Hope Mills, NC, clocking in at $20,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Hope Mills, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hope Mills, NC, is on a rollercoaster ride. The average rent price in Hope Mills, NC, is $1,148.00. Indeed, when looking to rent in Hope Mills, NC, you can expect to pay as little as $540.00 or as much as $3,620.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Hope Mills, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hope Mills, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hope Mills, NC and much more. Save thousands at closing with home foreclosure listings in Hope Mills, NC — up to 75% off market value!
Hope Mills is located in Cumberland, North Carolina, with an estimated municipal population of 15,849 residents. All of the best foreclosed homes for sale in Hope Mills are located in the following zip code areas on Foreclosure.com: 28348 28306. The estimated population per square kilometer (.62 miles) in Hope Mills is 826.
So, about how much do homes cost in Hope Mills? The most recent median value of resident-owned homes in Hope Mills is 134,741. An estimated 62.8 percent of households in Hope Mills own their homes, with an average family size of 3.43. The median household income in Hope Mills is 48,948, with17.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hope Mills, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Hope Mills? If so, the average rent price paid by renters in Hope Mills is 928, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hope Mills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Hope Mills is 33.2, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Hope Mills is 44.9, with an average family size of 3.43.
The percentage of residents who report their race in Hope Mills is as follows:
|Black / African American||31.7%|
|American Indian / Alaskan Native||1.8%|
|Native Hawaiian / Other Pacifc Islander||0.2%|
Looking for family-friendly neighborhoods in and/or near Hope Mills? Or maybe you are searching for 55+ active adult communities in and/or near Hope Mills?
The percentage of residents who report their age in Hope Mills is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hope Mills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hope Mills.
How do you know that living in -- or moving to -- Hope Mills is right where you need to be? Perhaps you grew up in Hope Mills or already live nearby; therefore, the decision to buy a home in Hope Mills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hope Mills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hope Mills:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hope Mills.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hope Mills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hope Mills, meanwhile, can field multiple offers from more qualified buyers.