Hope Mills Rd / Raeford Rd median real estate price is $78,313, which is less expensive than 93.7% of North Carolina neighborhoods and 91.4% of all U.S. neighborhoods.
The average rental price in Hope Mills Rd / Raeford Rd is currently $821, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.7% of North Carolina neighborhoods.
Hope Mills Rd / Raeford Rd is a suburban neighborhood (based on population density) located in Fayetteville, North Carolina.
Hope Mills Rd / Raeford Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hope Mills Rd / Raeford Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Hope Mills Rd / Raeford Rd has a 13.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.