The Mount Hope housing market is very competitive. The median sale price of a home in Mount Hope was $635K last month, up 20.7% since last year. The median sale price per square foot in Mount Hope is $461, up 78.0% since last year.
What is the housing market like in Mount Hope today?
In December 2024, Mount Hope home prices were up 20.7% compared to last year, selling for a median price of $635K. On average, homes in Mount Hope sell after 24 days on the market compared to 29 days last year. There were 15 homes sold in December this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$635,000
+20.7% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Mount Hope, RI
$635,000
+20.7%
United States
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How hot is the Mount Hope housing market?
Mount Hope is very competitive. Homes sell in 24 days.
0
100
84
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 24 days.
Hot homes
can sell for about 8% above list price and go pending in around 13 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 Mount Hope housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mount Hope.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mount Hope has a minor risk of flooding. 70 properties in Mount Hope are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Mount 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
Mount Hope has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mount Hope is most at risk from hurricanes. 1,201 properties in Mount 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.