The Hope housing market is very competitive. The median sale price of a home in Hope was $635K last month, up 55.0% since last year. The median sale price per square foot in Hope is $259, down 13.1% since last year.
In October 2024, Hope home prices were up 55.0% compared to last year, selling for a median price of $635K. On average, homes in Hope sell after 36 days on the market compared to 29 days last year. There were 11 homes sold in October this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$635,000
+55.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Hope, RI
$635,000
+55.0%
United States
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How hot is the Hope housing market?
Hope is very competitive. Homes sell in 19 days.
0
100
81
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 19 days.
Hot homes
can sell for about 5% above list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Hope housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hope.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hope has a minor risk of flooding. 19 properties in Hope are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Hope. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Hope has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hope is most at risk from hurricanes. 1,102 properties in Hope have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 95 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 101 mph.