Why Live in Hopewell
Hopewell, the second-oldest continuously inhabited town in Virginia, is a neighborhood that blends historical significance with modern growth. Many military families choose to reside here due to its proximity to Fort Gregg-Adams. The neighborhood is conveniently located near Interstate 295, providing easy access to Richmond International Airport in 20 minutes and downtown Richmond in 30 minutes. Hopewell features a variety of home styles, predominantly ranch-style houses, Cape Cod homes, and bungalows, with most properties dating from the 1930s to the 1970s. The area also includes some newer Colonial Revival homes built since the early 2000s. Residents enjoy a range of attractions, including the scenic Appomattox River, which is ideal for boating and fishing, and the historic City Point Historic District. Dining options are diverse, with The Boathouse at City Point offering upscale riverfront dining and Sedona Taphouse catering to a younger, vibrant crowd. For shopping, Southpark Mall is just 10 minutes away. Recreational activities are abundant, with the Hopewell City Marina, Hopewell City Park, and Hopewell Community Center providing facilities for boating, fishing, and various sports. The Beacon Theatre, a historic venue, hosts a variety of musical performances. Annual community events like the Fourth of July fireworks show and Hopewell Harvest Fest add to the neighborhood's charm. The crime rate in Hopewell is comparable to the national average, making it a practical choice for families.
Home Trends in Hopewell, VA
On average, homes in Hopewell, VA sell after 75 days on the market compared to the national average of 70 days. The median sale price for homes in Hopewell, VA over the last 12 months is $355,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$355,000
Median Single Family Sale Price
$374,040
Median Townhouse Sale Price
$359,000
Median 2 Bedroom Sale Price
$285,000
Median 1 Bedroom Sale Price
$355,000
Average Price Per Sq Ft
$246
Number of Homes for Sale
47
Last 12 months Home Sales
337
Median List Price
$376,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%