Hopewell, VA Housing Market Brief
county · VA · as of May 2026
What is Hopewell, VA’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Hopewell, VA in its market cycle?
Hopewell, VA is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
Hopewell, VA housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $252K | ▲ +4.8% |
| Median Days on Market | 18 days | ▼ -14.3% |
| Months of Supply | 2.3 | ▲ +4.6% |
| Homes for Sale | 59 | ▼ -14.5% |
| Homes Sold | 26 | ▼ -16.1% |
| Median Price / Sq Ft | $189 | ▲ +6.6% |
| Sale-to-List Ratio | 100.1% | ▼ -0.5% |
How has Hopewell, VA’s Alpha Score moved?
Markets like Hopewell, VA
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Frequently asked questions
Is Hopewell, VA a buyer's or seller's market?
As of May 2026, Hopewell, VA is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Hopewell, VA?
The median sale price in Hopewell, VA is $252K, having risen 4.8% over the past year.
How affordable is Hopewell, VA?
Hopewell, VA scores 27 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Hopewell, VA's Alpha Score?
Hopewell, VA's strongest dimension is Rental Yield (71/100) and its weakest is Affordability (27/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Hopewell, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.