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Foreclosure Homes in Hope Valley, RI

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Highview-ave-Hope-valley-RI-02832
Foreclosure
$241,945 EMV

Highview Ave
Hope Valley, RI 02832

1 Forest-glen-dr-Hope-valley-RI-02832
Foreclosure
$284,500 List Price

Forest Glen Dr
Hope Valley, RI 02832

3 Bed | 1 Bath | 1,271 Sq. Ft.

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Foreclosure Homes in Hope Valley, RI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hope Valley, RI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hope Valley, RI and much more. Save thousands at closing with home foreclosure listings in Hope Valley, RI — up to 75% off market value!


Top Reasons To Live In Hope Valley, RI In 2021

Hope Valley is located in Washington, Rhode Island, with an estimated municipal population of 1,823 residents. All of the best foreclosed homes for sale in Hope Valley are located in the following zip code areas on Foreclosure.com: 02832. The estimated population per square kilometer (.62 miles) in Hope Valley is 211.


Cost Of Living In Hope Valley, RI

So, about how much do homes cost in Hope Valley? The most recent median value of resident-owned homes in Hope Valley is 248,966. An estimated 71.2 percent of households in Hope Valley own their homes, with an average family size of 3.24. The median household income in Hope Valley is 79,931, with40.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hope Valley, the median commute time of resident workers (in minutes) is 34.1. And last, but certainly not least, are you looking for homes to rent in Hope Valley? If so, the average rent price paid by renters in Hope Valley is 1,375, according to recent statistics.


Diversity And Demographics In Hope Valley, Rhode Island

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 Valley, 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 Valley is 39.6, split between 50.6 percent male versus 49.4 female. The percentage of residents who report being married in Hope Valley is 54.9, with an average family size of 3.24.

The percentage of residents who report their race in Hope Valley is as follows:

White 93.5%
Black / African American 2.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Hope Valley? Or maybe you are searching for 55+ active adult communities in and/or near Hope Valley?

The percentage of residents who report their age in Hope Valley is as follows:

Under 10 19%
Aged 10-19 15.5%
20s 11.4%
30s 5.1%
40s 16.1%
50s 16.8%
60s 10.1%
70s 5.1%
80+ 0.9%

Best Schools In Hope Valley, Rhode Island

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 Valley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hope Valley.


Pros And Cons Of Living In Hope Valley, Rhode Island

How do you know that living in -- or moving to -- Hope Valley is right where you need to be? Perhaps you grew up in Hope Valley or already live nearby; therefore, the decision to buy a home in Hope Valley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hope Valley 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 Valley:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hope Valley.


Reasons To Move To Hope Valley, Rhode Island, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hope Valley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hope Valley, meanwhile, can field multiple offers from more qualified buyers.

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