Hope Valley Housing Market Report April 2025•Washington County, Rhode Island

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Housing Prices in Hope Valley, RI

How much do homes in Hope Valley, RI cost?

Housing Market Conditions

Is Hope Valley, RI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Hope Valley is a Seller's Market

Difference Since March 2025

Last month, Hope Valley has remained a Seller's Market.

Insight

Hope Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$425,000$293/SqFt
-$3,500
-0.8%

Based on all homes sold in April 2025

Insight

Homes in Hope Valley have sold for 0.8% less than they did a month ago.

Summary: The median home sold price in Hope Valley was $425,000 in April 2025, down 0.8% from last month, and the median price per square foot was $293.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1-$350K
N/A
2$367.5K-
N/A
3$540K$442.5K
-18.1%
4--
N/A
5$442K-
N/A

Summary: Hope Valley housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -18.1%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Hope Valley, RI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Hope Valley, RI

Housing supply in Hope Valley, RI

How many homes are available in Hope Valley, RI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
17Last MonthApr 2025
152 months agoMar 2025
+13.3 %
Change MoMMar – Apr

Summary: The Hope Valley real estate market had 17 homes for sale in Apr 2025, a 13.3 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthApr 2025
42 months agoMar 2025
+25.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
123
+50.0%
222
0.0%
388
0.0%
402
+100.0%
532
-33.3%

Summary: Hope Valley housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes decreased by -33.3%.

Asking Price vs. Sold Price

How much do homes in Hope Valley, RI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Hope Valley, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Hope Valley in April 2025, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and and 80% were sold over asking.

Days on Market for Hope Valley, RI

How long does it take to sell a home in Hope Valley, RI?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Hope Valley has remained consistent over time.

Summary: During April 2025, 5 homes were sold in Hope Valley; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
29 DaysLast MonthApr 2025
15 Days1 month agoMar 2025
+98.7 %
Change MoMMar – Apr

Summary: Homes in Hope Valley had an average listing age of 29 days in Apr 2025, up by 98.7% compared to the previous month.

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Newest Listings in Hope Valley, RI

What homes are available in Hope Valley, RI?

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MLS Disclaimers and Copyright

Based on information from Rhode Island State Wide MLS, for the period 03/01/2025 - 05/01/2025

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.