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HOPEWELL, VA 23860

Real Estate Market Report  ·  Prince George County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
108
⇧ 22.7% vs 88 last year
Pending
47
44% pending ratio
Median Price
$279,000
⇧ 8.1% vs $258,113 last year
Average Price
$296,394
⇩ 3.2% vs $306,236 last year
Days on Market
58
⇩ 10.8% vs 65 days last year

Market Context

Population: 31,556  ·  Density: 269.4/mi²  ·  Median household income: $54,724

Typical home value: $164,702  ·  Homeownership: 58.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The HOPEWELL, VA real estate market (23860) currently shows 108 active listings, with 47 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 65 days last year.

The median listing price has risen 8.1% year-over-year, from $258,113 to $279,000.

Whether you are buying or selling in HOPEWELL, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 108 this year vs 88 last year
  • Days on market: 58 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $279,000 (+8.1% YoY)
  • Average: $296,394 (-3.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.3 miles — 734 listings ($255,158,575 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23860Hopewell, VA 238600.0 mi108$32,010,552$279,000$296,394
23836Chester, VA 238367.7 mi47$25,047,522$510,000$532,926
23030Charles City, VA 2303010.0 mi11$6,661,237$487,250$605,567
23231Henrico, VA 2323112.2 mi114$44,193,354$375,000$387,661
23805Petersburg, VA 2380514.2 mi52$15,160,184$275,000$291,542
23881Spring Grove, VA 2388114.5 mi8$3,928,552$451,000$491,069
23803Petersburg, VA 2380315.0 mi181$49,503,862$277,450$273,502
23150Sandston, VA 2315015.6 mi52$21,885,812$334,500$420,881
23234Richmond, VA 2323417.9 mi126$42,379,344$310,000$336,344
23890Waverly, VA 2389019.9 mi14$4,645,046$244,900$331,789
23830Carson, VA 2383020.5 mi1$159,900$159,900$159,900
23885Sutherland, VA 2388520.7 mi10$5,750,000$542,500$575,000
23219Richmond, VA 2321921.3 mi10$3,833,210$350,000$383,321

Frequently Asked Questions

How many homes are for sale in HOPEWELL, VA 23860?

As of January 2026, there are 108 active listings in HOPEWELL, VA (zip code 23860), compared to 88 the prior year.

What is the median home price in HOPEWELL, VA 23860?

The median listing price in HOPEWELL, VA 23860 is $279,000 as of January 2026, a 8.1% increase from $258,113 the prior year.

How long do homes stay on the market in HOPEWELL, VA?

Homes in HOPEWELL, VA 23860 spend an average of 58 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in HOPEWELL, VA 23860?

Based on current inventory and days-on-market data as of January 2026, HOPEWELL, VA 23860 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 65 days last year.

How much can I save on real estate commission in HOPEWELL, VA?

With SELL123.com's maximum 3% commission, sellers in HOPEWELL, VA 23860 save an estimated $5,580 compared to a typical 5% commission on the median listing price of $279,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.