Market Overview
Home Prices in Hope Mills, NC
The median home value in Hope Mills, NC is $266,012 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hope Mills are priced35% below average. Hope Mills is part of the Fayetteville, NC metro area.
Over the past five years, Hope Mills home values have risen by approximately36.7%, reflecting strong long-term appreciation in this market.
Price History
Hope Mills Home Price Trend
City Comparison
Hope Mills vs. National Median
At $266,012, homes in Hope Mills cost 35% below the national median of $410,000. This makes Hope Mills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hope Mills?
20% Down Payment
$53,202
on $266,012
Monthly P&I
$1,387/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,761/mo
incl. taxes & insurance
Income Needed
$70,440
gross annual (30% rule)
10% Down Option
$26,601
+ PMI applies
Loan Amount (20% dn)
$212,810
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hope Mills, NC?
The median home value in Hope Mills is $266,012 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Hope Mills?
Over the past year, home values in Hope Mills have increased by 0.8%. Over five years, prices have risen approximately 36.7%.
How much do I need to earn to buy a home in Hope Mills?
To comfortably afford the median home price of $266,012 with a 20% down payment ($53,202) at today's rates (6.8%), you'd need a gross annual income of approximately $70,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Hope Mills compare to the national average home price?
The national median home value is approximately $410,000. At $266,012, homes in Hope Mills are 35% below the national average.
What metro area is Hope Mills part of?
Hope Mills is part of the Fayetteville, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.