The Hope Valley housing market is very competitive. The median sale price of a home in Hope Valley was $519K last month, up 20.7% since last year. The median sale price per square foot in Hope Valley is $238, up 8.2% since last year.
What is the housing market like in Hope Valley today?
In March 2024, Hope Valley home prices were up 20.7% compared to last year, selling for a median price of $519K. On average, homes in Hope Valley sell after 9 days on the market compared to 40 days last year. There were 25 homes sold in March this year, down from 37 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$519,000
+20.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Hope Valley, NC
$519,000
+20.7%
United States
To compare other locations to the Hope Valley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Durham add value to a home.
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How hot is the Hope Valley housing market?
Hope Valley is very competitive. Homes sell in 6 days.
0
100
76
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 6 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 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 Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hope Valley.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hope Valley has a moderate risk of flooding. 473 properties in Hope Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Hope Valley. Flood risk is increasing slower than the national average.
85% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hope Valley has a moderate risk of wildfire. There are 4,632 properties in Hope Valley that have some risk of being affected by wildfire over the next 30 years. This represents 85% of all properties in Hope Valley.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Hope Valley has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hope Valley is most at risk from hurricanes. 5,401 properties in Hope Valley 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 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 95 mph.