Explore Hopelawn, NJ - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$483,750

Market Insights

With only 2.0 months of inventory, Hopelawn remains a seller's market. Home prices have increased 5.2% in the past month alone. With 2.0 months of supply, Hopelawn's inventory levels remain relatively tight. Homes are taking about 87 days to sell, which is 0 days longer than this time last year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Hopelawn market with the affordability index at 890.9. Based on current market indicators, home prices in Hopelawn are projected to decrease by approximately 17.1% over the next month.

Demographics market for - Hopelawn, NJ

Total Population -

2,713

White Population

50.06%

Black Population

1.29%

Mexican7.35% (3.54% of total population)
Puerto Rican41.47% (19.98% of total population)
Cuban1.91% (0.92% of total population)
Dominican5.81% (2.80% of total population)
Salvadoran0%
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian7.65% (3.69% of total population)
Peruvian35.81% (17.25% of total population)
Uruguyan0%
Venezuelan0%

Indian 0.08% (0.04% of total population)
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0.92% (0.44% of total population)
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Hopelawn, NJ

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Real Estate Market Prediction for - Hopelawn, NJ

City Hotspots
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