Hopewell, VA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Hopewell short-term rental market based on reliable data.

Listings

30 / 103

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$31,798

Middle-Earners Revenue

Occupancy

82%

Middle-Earners Occupancy

Home Value

$228,181

Median Home Sale Price

Top Earners

$49,815

Top-Earners Revenue

Hopewell

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hopewell.

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B

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.

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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).

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