The Hope Valley Farms housing market is very competitive. The median sale price of a home in Hope Valley Farms was $441K last month, up 10.5% since last year. The median sale price per square foot in Hope Valley Farms is $209, down 10.7% since last year.
What is the housing market like in Hope Valley Farms today?
In March 2024, Hope Valley Farms home prices were up 10.5% compared to last year, selling for a median price of $441K. On average, homes in Hope Valley Farms sell after 6 days on the market compared to 99 days last year. There were 13 homes sold in March this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$441,000
+10.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Hope Valley Farms, NC
$441,000
+10.5%
United States
To compare other locations to the Hope Valley Farms 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Hope Valley Farms housing market?
Hope Valley Farms is very competitive. Homes sell in 11 days.
0
100
88
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 11 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 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 Farms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hope Valley Farms.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hope Valley Farms has a moderate risk of flooding. 112 properties in Hope Valley Farms are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Hope Valley Farms. 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 Farms has a moderate risk of wildfire. There are 1,567 properties in Hope Valley Farms that have some risk of being affected by wildfire over the next 30 years. This represents 85% of all properties in Hope Valley Farms.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Hope Valley Farms has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hope Valley Farms is most at risk from hurricanes. 1,829 properties in Hope Valley Farms 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 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.
97% of properties are at major
risk of heat over the next 30 years
Heat Factor
Hope Valley Farms has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Hope Valley Farms have a Major Heat Factor®.
Hope Valley Farms is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Hope Valley Farms is expected to experience 8