ZIP Code Market Report
16650 — Hopewell, PA
Data through February 2026 · Updated monthly
Avg Home Value
$151,192
▲ 2.0% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$149,338
Condo / Co-op
--
The average home value in the 16650 ZIP code (Hopewell, PENNSYLVANIA) is $151,192 as of February 2026. Home prices are rising, up 2.0% compared to last year.
The market in 16650 has a $204,206 spread between bottom-tier homes at $76,531 and top-tier homes at $280,737. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Bedford County market area in PENNSYLVANIA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Bedford County report.
Free Home Value Estimate
What's your home worth in 16650 (Hopewell)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
16650 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $153,387 | $152,297 | $151,192 | ▼ 1.4% |
| Single Family Value | $148,303 | $148,416 | $149,338 | ▲ 0.7% |
Home Values
16650 Home Value Trend
Historical home values for ZIP code 16650. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 16650
How different property types compare in this ZIP code.
All Homes
$151,192
Single Family
$149,338
Bottom Tier
$76,531
Top Tier
$280,737
Data Sources and Methodology
Home value data for ZIP code 16650 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Hopewell?
Run your ARV and MAO instantly with live market data