43746, Hopewell, OH

The 43746 zip code of Hopewell, OH has a median home value of $137,500 and a median home equity value of $119,000. This is lower than the statewide median home value of $183,600 and the national median home equity value of $177,200. The majority (81%) of homes in the 43746 zip code are owner-occupied while 19% are rented.

Home prices in Hopewell have been on a downward trend since 2007 when they peaked at $158,000. Since then they have decreased by 23%. In 2017 the median home price was $137,500 which is down from 2016’s median price of $138,000. The average list price for homes in this zip code has decreased by 5% over the past year.

There are several factors that could be contributing to this downward trend in Hopewell home prices including low demand for housing due to an influx of new residents into the area and an increase in inventory due to low interest rates. Additionally, there has been an increase in foreclosures and short sales within this zip code which could also be contributing to declining prices.