Hopewell, NJ 08525 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hopewell, NJ—08525

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$647,000

0.4% YoY Growth

Household Income

$158,000

21.7% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$1,750

15.8% YoY Growth

1-Bed Rent

$1,700

N/A

2-Bed Rent

$1,750

15.4% YoY Growth

3-Bed Rent

$2,600

N/A

Home Price Trends — Hopewell, NJ

As of Dec '25, the median home price in Hopewell, NJ is $647,000, with a year-over-year change of -0.4%. This indicates that home prices in Hopewell, NJ are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$647,000	-0.4%
Single Family	$650,000	-0.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hopewell, NJ

As of July '25, Rentcast reports the average rent in Hopewell, NJ is $2,180, with a year-over-year rent change of -15.8%. Per bedroom, the median rent as of July '25 in Hopewell, NJ is 1-bedrooms: $1,700, 2-bedrooms: $2,190, 3-bedrooms: $2,600. The most common rental property sizes in Hopewell, NJ are 2-bedroom and 1-bedroom, accounting for 60.6% and 17.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,750	$2,180
Studio Rent	N/A	N/A
1 Bed Rent	$1,700	$1,700
2 Bed Rent	$1,750	$2,190
3 Bed Rent	$2,600	$2,600
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.4%

1 Bedroom

17.9%

2 Bedrooms

60.6%

3 Bedrooms

10.9%

4 Bedrooms

6.2%

Property Listings — Hopewell, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Hopewell, NJ is 61. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$818,000	27.0%
Listing Count	15	-30.0%
Listings as % of Homes	0.7%	-30.0%
Days on Market	95	-12.0%

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Demographics — Hopewell, NJ

As of the latest ACS Survey released in 2023, Hopewell, NJ has a population of 4,570, which has decreased by -4.6% over the past 5 years. Hopewell, NJ is a moderately popular place for families, as children make up 18.2% of the population. The area has a highly educated workforce, with 63.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,570	-4.6%
% Under 18	18.2%	-8.5%
% Seniors	17.0%	-1.7%
% WFH	19.5%	126.7%
% w/ College Degree	63.1%	0.2%

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As of the latest ACS Survey released in 2023, Hopewell, NJ is a predominantly white area, with 79.1% of the population identifying as white. The white population has shrunk by 14.8% in the last 5 years. The second most common race or ethnicity in Hopewell, NJ is hispanic, making up 10.1% of the population. Foreign-born residents account for 16.1% of the population in Hopewell, NJ, and this percentage has increased by 140.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	79.1%	-14.8%
% Black	3.3%	106.2%
% Hispanic	10.1%	206.1%
% Asian	3.1%	55.0%
% Foreign Born	16.1%	140.3%

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Mortgage and Risk — Hopewell, NJ

According to HUD data as of 2023, there were 111 mortgage originations in Hopewell, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Hopewell, NJ. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	111
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Hopewell, NJ

Hopewell, NJ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	1.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$220	$1,700	$1,920
2 Bedroom	$680	$1,750	$2,430
3 Bedroom	$330	$2,600	$2,930
4 Bedroom	N/A	N/A	$3,280

Hopewell, NJ—08525

Key Metrics at a Glance

Home Price Trends — Hopewell, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hopewell, NJ

% of Rental Stock

Property Listings — Hopewell, NJ

Demographics — Hopewell, NJ

Race and Ethnicity

Mortgage and Risk — Hopewell, NJ

Mortgages

Rentals and Section 8 — Hopewell, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Hopewell, NJ

Home Price to Income Ratio

Hopewell, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Pennington, NJ

Ringoes, NJ

Skillman, NJ

Titusville, NJ

Lambertville, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$647,000
Median Household Income	$158,000

Hopewell, NJ—08525

Key Metrics at a Glance

Home Price Trends — Hopewell, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hopewell, NJ

% of Rental Stock

Property Listings — Hopewell, NJ

Demographics — Hopewell, NJ

Race and Ethnicity

Mortgage and Risk — Hopewell, NJ

Mortgages

Rentals and Section 8 — Hopewell, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Hopewell, NJ

Home Price to Income Ratio

Hopewell, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Pennington, NJ

Ringoes, NJ

Skillman, NJ

Titusville, NJ

Lambertville, NJ

Frequently Asked Questions

What is the average home price in Hopewell, NJ 08525?

How have home prices in Hopewell, NJ 08525 changed over the past year?

What is the home price projection for Hopewell, NJ 08525?

What are the demographics of Hopewell, NJ 08525?

How long does it take homes to sell in Hopewell, NJ 08525?

What is the average rent price in Hopewell, NJ 08525?