Median home value: $225K (+1.6% YoY). Rent: $1,430/mo. Price-to-rent: 13.1x. Part of Richmond, VA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Richmond, VA metro page.
Home Value$225,251
+1.6%
Rent$1,430/mo
AFFORDABILITYBuying $62/mo cheaper ($1,430 rent)6.00% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Enter your income for Hopewell.
$45,050 on $225,251
Affordable — 21.9% of income
Under the 28% guideline.
PITI$1,368
P/I21.9%
Afford$288K
Room+$63K
P&I $1,080Tax $154Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing