Hopewell Junction, NY12533

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$570,000
6.0% YoY Growth
Median Household Income
$135,000
31.2% 5-Year Growth
Days on Market
38
11.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,600
22.3% YoY Growth
1-Bed Rent
$1,600
7.3% YoY Growth
2-Bed Rent
$2,000
0.0% YoY Growth
3-Bed Rent
$2,600
8.0% YoY Growth

Property Listings — Hopewell Junction, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Hopewell Junction, NY is 38. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$550,000-10.0%
Listing Count
13684.0%
Listings as % of Homes0.9%84.0%
Days on Market
3811.0%
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Demographics — Hopewell Junction, NY

As of the latest ACS Survey released in 2023, Hopewell Junction, NY has a population of 26,800, which has increased by 5.4% over the past 5 years. Hopewell Junction, NY is a moderately popular place for families, as children make up 25.0% of the population. The area has a highly educated workforce, with 45.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
26,8005.4%
% Under 18
25.0%9.2%
% Seniors
15.8%4.6%
% WFH
14.3%164.8%
% w/ College Degree
45.8%8.3%
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As of the latest ACS Survey released in 2023, Hopewell Junction, NY is a predominantly white area, with 67.4% of the population identifying as white. The white population has shrunk by 18.8% in the last 5 years. The second most common race or ethnicity in Hopewell Junction, NY is hispanic, making up 15.8% of the population. Foreign-born residents account for 12.0% of the population in Hopewell Junction, NY, and this percentage has increased by 6.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
67.4%-18.8%
% Black
4.8%65.5%
% Hispanic
15.8%105.2%
% Asian
5.9%40.5%
% Foreign Born
12.0%6.2%
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Mortgage and Risk — Hopewell Junction, NY

According to HUD data as of 2023, there were 457 mortgage originations in Hopewell Junction, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Hopewell Junction, NY. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
457
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Hopewell Junction, NY

As of 2024, the percent of homes in Hopewell Junction, NY under the Section 8 program is 4.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hopewell Junction, NY, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
37
Total Units Section 8
36
% Rentals under Section 8
4.1%
% Occupied Section 8
81.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$610$1,600$2,210
2 Bedroom$480$2,000$2,480
3 Bedroom$500$2,600$3,100
4 Bedroom-$970$4,300$3,330

Affordability — Hopewell Junction, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.7
Median Home Price$570,000
Median Household Income$135,000

Hopewell Junction, NY — ZIP Code Boundary Map

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Frequently Asked Questions