Hopewell, TN
Full City Profile · Tennessee · Bradley County County
3.5
/5.0
B+
Good
2,624
Population
369/sq mi density
$85,461
Median Income
$32,854 per capita
$227,700
Home Value
$305,821 Zillow
$1,007
Median Rent
18.1% income on rent
60°F
Avg Temperature
301 sunny days/yr
858
Violent Crime/100K
5,988 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$85,461 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$227,700 home value, $1,007/mo rent
F
Safety
1.0 / 5.0
858 violent crimes/100K (126% above avg)
B+
Education
3.5 / 5.0
31.5% bachelor's degree or higher
Housing Overview
Median Home Value
$227,700
19% below
US avg: $281,900
Median Rent
$1,007/mo
13% below
US avg: $1,163/mo
Homeownership Rate
84.0%
28% above US avg (65.4%)
Total Housing Units
963
Median year built: 1985
Home Value by Source
Census Median
$227,700
Zillow (ZHVI)
$305,821
Median Sale Price
$540,000
Median List Price
$264,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.0%
Owner-Occupied
16.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$1,007/mo
Market Indicators (Redfin)
Median Days on Market
96 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$182
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
84.0%
Complete Housing Data
Home Values
| Census Median Value | $227,700 |
| Zillow Home Value (ZHVI) | $305,821 |
| Median Sale Price | $540,000 |
| Median List Price | $264,000 |
| Price Per Sq Ft | $182 |
Rent
| Census Median Rent | $1,007 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 96 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 12.5% |
| Homes Sold | 3 |
| Active Inventory | 8 |
| Price Per Sq Ft | $182 |
Ownership & Stock
| Owner-Occupied | 84.0% |
| Renter-Occupied | 16.0% |
| Homeownership Rate | 84.0% |
| Total Housing Units | 963 |
| Median Year Built | 1985 |
| Rent Burden | 18.1% |
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