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Hopewell, VA 23860 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Hopewell, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.23
ActiveActive listings: 4343PendingPending sales: 1010
Hopewell, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $270k$270kSoldMedian sold price (last 6 months): $276k$276k
What homes actually sell for in Hopewell, VA
Distribution of 232 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $208k to $385k
$108k to $157k: 22 sales$108k$157k to $206k: 24 sales$206k to $255k: 45 sales45sales$206k$255k to $304k: 29 sales$304k to $353k: 33 sales$304k$353k to $402k: 17 sales$402k to $451k: 23 sales$402k$451k to $500k: 16 salesMedian $276k

What the numbers say

As of October 26, 2026, Resideline is tracking 43 active listings and 10 pending sales in ZIP code 23860. That pending-to-active ratio of 0.23 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $270,000, while the median of the 232 closed sales Resideline tracked over the last six months was $276,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23860 for 83 days.

Frequently asked questions

What is the median home price in 23860?

The median closed sale price in Hopewell, VA 23860 was $276,000 over the last six months, based on 232 closed sales tracked by Resideline. The middle half of those sales ranged from $208,000 to $385,000.

Is 23860 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 43 active listings in 23860, a pending-to-active ratio of 0.23. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23860 is currently a faster-moving market.

Nearby ZIP code market data

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