Hopewell, VA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Hopewell short-term rental market based on reliable data.
Listings
25 / 100
Reliable / Active
Cap Rate
16%
Middle-Earners Gross Yield
Revenue
$35,458
Middle-Earners Revenue
Occupancy
75%
Middle-Earners Occupancy
Home Value
$226,428
Median Home Sale Price
Top Earners
$47,322
Top-Earners Revenue
Hopewell
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Hopewell.
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Generally Investor friendly
Hopewell Regulations
STRs are allowed citywide but require a business license, rental registration, a 4‑year Certificate of Compliance with inspections, and sales/lodging taxes; the process is clear and manageable with no caps, though moderate permitting and fees are needed.
Local STR Agent
STR specialist · Hopewell, VA
About Hopewell
Hopewell is an independent city surrounded by Prince George County and the Appomattox River in the Commonwealth of Virginia, United States. At the 2020 census, the population was 23,033. The Bureau of Economic Analysis combines the city of Hopewell with Prince George County for statistical purposes. Hopewell is in the Tri-Cities area of the Richmond Metropolitan Statistical Area (MSA).