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Hope Valley

Hope Valley

$621,115 Average Value
$263 Average Price per Sq Ft
27 Homes For Sale

Hope Valley offers a quiet community close to Durham destinations

Hope Valley is a historic and lush neighborhood in Durham. Residents are surrounded by tall shade trees, some of the city’s busiest shopping sites and routes to major employers, like Duke University. The area is centered around the Hope Valley Country Club, but there are also public spaces like Southern Boundaries Park nearby. Commuters who settle in Hope Valley have plenty of ways to relax close to home and still enjoy an easy drive to work.

Hope Valley is a short drive from downtown Durham and the Research Triangle Park.
Hope Valley is a short drive from downtown Durham and the Research Triangle Park.
Some Hope Valley residents take short commutes to work at nearby Duke University.
Some Hope Valley residents take short commutes to work at nearby Duke University.
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Homes like bungalows to grand estates

The community has homes built during the 1920s through the past decade. “Home prices are affordable when you’re looking at Durham as a whole,” says Charles Davies, broker and realtor of Davies Real Estate Group with Keller Williams Elite Realty. Davies is based in Durham but also sells in Philadelphia, Pennsylvania. Townhouses and bungalows might sell in the low $100,000s to low $500,000s. Contemporary builds can range in the high $500,000s to high $900,000s, while grand Cape Cods and Colonial Revivals go for $1 million to $4 million. Some of the most expensive homes in the area don’t have HOAs, but subdivisions like Hope Valley Farms charge around $30 while Dunbarton charges around $405.

Some residents in Hope Valley live in homes with simple designs.
Some residents in Hope Valley live in homes with simple designs.
Hope Valley has grand estates that sell in the millions.
Hope Valley has grand estates that sell in the millions.
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Taking brief commutes to job hubs around Durham

Most residents drive to get around the area, but commutes are short thanks to the proximity to many of Durham’s major destinations. “It’s a very convenient location,” Davies says. “You can get to the Southpoint mall easily. You can get to Chapel Hill pretty easily, the airport easily. Everything is almost in a 10- to 15-minute drive.”
Commuters in the area might drive:

  • 4 miles to Duke University and its hospital, one of the city's leading employers for education and medical science.
  • 8 miles to jobs in the Research Triangle Park.
  • 9 miles to Chapel Hill, home of University of North Carolina at Chapel Hill.
  • 13 miles to Raleigh-Durham International Airport.
Dedicated cyclists might bike along the sidewalks and bike lanes that follow Hope Valley Road and University Drive to downtown. Regardless of how you get around, the community makes it easy to reach where you need to go.

RTP is a major employment hub, home to hundreds of companies, and is a short drive from Hope Valley.
RTP is a major employment hub, home to hundreds of companies, and is a short drive from Hope Valley.
Highway 147 and I-40 connect the residents of Hope Valley to RDU and the surrounding area.
Highway 147 and I-40 connect the residents of Hope Valley to RDU and the surrounding area.
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Attending public schools before heading to private Duke University

The area is part of the highly rated Durham Public Schools district, which offers a lottery system for admission to charter or magnet schools, like the Durham School of Technology. Some families choose private options like the Montessori School of Durham. Nearby Duke University, one of the top private colleges in the state and nation, is also a draw to the neighborhood.

Students can attend Sherwood Githens Middle, located in Durham, NC.
Students can attend Sherwood Githens Middle, located in Durham, NC.
Charles E. Jordan High School is located in Durham, NC.
Charles E. Jordan High School is located in Durham, NC.
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Hope Valley is centered on recreation, with parks nearby

The neighborhood was developed around the Hope Valley Country Club, a private 18-hole course that opened in the late 1920s. Members play on the course designed by accomplished architect Donald Ross. Others might go for a swim in the outdoor pool or compete against friends on the tennis or pickleball courts. There are also plenty of recreation options nearby that don't require membership, including:

  • Southern Boundaries Park, for tennis, baseball and basketball, plus space for picnicking
  • Garrett Road Park for tennis, trails and a playground
  • Third Fork Creek trail, a paved path for walking and running
For time indoors, the Southwest Regional Library offers programs for all ages. Adults might sign up for the Social Stitchers sewing group while kids enjoy story time.

Hope Valley Country Club is a member-owned private club located in Durham, NC.
Hope Valley Country Club is a member-owned private club located in Durham, NC.
No membership is needed at Southern Boundaries Park in Hope Valley.
No membership is needed at Southern Boundaries Park in Hope Valley.
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Anchored by Harris Teeter, Hope Valley Commons is situated in upscale South Durham.
Anchored by Harris Teeter, Hope Valley Commons is situated in upscale South Durham.

Where you can go to dine out or shop

Hope Valley residents are a short drive from some of Durham’s main shopping areas. You can go to South Square to shop at Target or get groceries at Sam’s Club or Harris Teeter. The Streets at Southpoint mall is also nearby. “It’s close to Highway 40 and Fayetteville Street. It’s huge; it’s amazing," says Davies. "Every single store you can think of is there; every single restaurant you can think of is there.”

Many residents also head to Downtown Durham, which is full of breweries, bars and a range of restaurants. Mothers & Sons Trattoria makes its mark on the downtown scene with handmade pasta, while Alley Twenty Six pairs a lengthy cocktail menu with charcuterie and small plate options. After eating, you can catch a show at the Durham Performing Arts Center or a minor league baseball game at the Durham Bulls Athletic Park.

Rylee Doyle
Written By
Rylee Doyle
Bryan Regan
Photography Contributed By
Bryan Regan
Bridgette Cyr
Video By
Bridgette Cyr

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Raleigh-Durham International

24 min drive

Bus

Cornwallis Rd & Beechwood Ave

Bus

S Roxboro St & Shoppes & Hope Valley

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Hope Valley US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Hope Valley Demographics and Home Trends

Housing Trends

Median List Price
$462,450
Median Sale Price
$455,000
Median Single Family Sale Price
$531,500
Median Townhouse Sale Price
$311,450
Median Change From 1st List Price
3%
Last 12 months Home Sales
173
Median Home Sale Price YoY Change
-12%
Average Price Per Sq Ft
$263

Neighborhood Facts

Number of Homes
4,067
Number of Homes for Sale
27
Median Year Built
1984
Months of Supply
1.90
Average Single Family Home Size Sq Ft
2,407
Above the national average
1,930
Average Townhouse Size Sq Ft
1,596
Average 2 Bedroom Size Sq Ft
1,472
Average 1 Bedroom Size Sq Ft
1,014
Median Lot Size Sq Ft
16,552

Open Houses

  • Saturday, Feb 14
    11am - 1pm

    4908 Tapestry Terrace, Durham, NC 27713

    $485,000

    • 4 Beds
    • 2.5 Baths
    • 2,055 Sq Ft
    • 4908 Tapestry Terrace

    Great location in Southwest Durham for this 4BR, 2.5BA home in highly sought after Hope Valley Farms. Large Patio area for entertaining and fenced backyard for your pets compliment this spacious open floor plan that offers a home office/sunroom overlookig backyard. Family room with wood burning fireplace (stubbed-in for gas logs if buyer prefers). Main level primary bedroom suite with tray

    Susen Darst Long & Foster Real Estate INC

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  • Saturday, Feb 14
    11am - 1pm

    2235 Alpine Rd, Durham, NC 27707

    $250,000

    • 2 Beds
    • 2.5 Baths
    • 1,111 Sq Ft
    • 2235 Alpine Rd
    • New 14 days ago

    Affordable Durham living without the hassle! Perfect for a primary homeowner or investor. Just minutes from Duke, Downtown, and the South Square District, this move-in ready townhome offers modern updates with low-maintenance ease. Recently renovated with fresh paint, new flooring, and stylish fixtures throughout. The kitchen shines with quartz countertops, painted cabinets, and updated hardware.

    Cory Sherman Keller Williams Elite Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
9,926
Median Age
44
Population Density
4 ppl/acre
Population under 18
21.6%
On par with the national average
23.8%
Population over 65
22.7%
On par with the national average
19.1%

Finances

Median Household Income
$97,416
Above the national average
$79,601
Average Household Income
$131,645

Education and Workforce

High School Graduates
96.4%
College Graduates
75%
Significantly above the national average
34.1%
Advanced Degrees
41.5%
Significantly above the national average
13.3%
% Population in Labor Force
67.1%

Weather

Annual Precipitation
49''
Average Winter Low Temperature
28°F
Average Summer High Temperature
86°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®

35 / 100

Car-Dependent

Walk Score®

5 / 100

Minimal Transit

Transit Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Hope Valley