Hope Mills, NC 28348 - Real Estate Investment Insights & Performance Data

Welcome to our 28348 real estate data hub, tailored for investors in Hope Mills, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 28348 in Hope Mills, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CUMBERLAND COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Hope Mills, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Hope Mills property market.

• Location Overview

  • Zip Code: 28348
  • City: Hope Mills
  • State: NC
  • Metro Area: Fayetteville, NC
  • County Name: CUMBERLAND COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $215,506
  • Average Home Price (Single Family Homes): $215,561
  • Average Monthly Rental Price (All Types): $1,513
  • Price-to-Rent Ratio: 12
  • Zillow Projected % appreciation from 4/2023-4/2024: 2.9%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,020
  • Average 3 Bedroom Section 8 Rental Rates: $1,400
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.61
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 12.83
  • Number of Units Offered in Section 8 in the County: 1845
  • Number of Occupied Units in Section 8 in the County: 1739
  • Percentage of Section 8 Units Occupied in the County: 94.19999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): Not Available
  • Total % Appreciation since 2000 (Government Data): 86.89
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.83%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 13.57%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 42.9%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.16%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.06%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 65.38%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 108.74%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.96%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 14.17%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%