Neighborhood Profile

Hope Valley Forest

Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
43.8
National rank: #9,791 of 14,967
Stability and Strength
62.3
Score
Value Opportunity
34.1
Score
Momentum
27.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDurham, NC
CountyDurham County
National rank#9,791 of 14,967
State rank#337 of 535
City rank#83 of 107
County rank#82 of 106
National percentile34.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$422,030
Year-over-year home value change-0.8%
Month-over-month home value change-0.49%
Home value to income ratio4,623.27
Median household income$91
Bachelor's degree or higher72.6%
Civilian unemployment rate0.0%
Homeownership rate81.3%
Housing vacancy rate5.4%
Rent burden 30% or higher42.6%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Hope Valley Forest

What is the Best Neighborhoods USA ranking for Hope Valley Forest?

Hope Valley Forest is ranked #83 of 107 eligible neighborhoods in Durham; #337 of 535 eligible neighborhoods in NC; and #9,791 of 14,967 eligible neighborhoods in the United States.

Is Hope Valley Forest one of the best neighborhoods in Durham?

Hope Valley Forest has a Best Neighborhoods USA Index of 43.8 and a city ranking of #83 of 107 eligible neighborhoods in Durham.

How much are homes worth in Hope Valley Forest?

The current Zillow Home Value Index for Hope Valley Forest is approximately $422,030.

Are home values rising or falling in Hope Valley Forest?

Zillow neighborhood values changed -0.8% year over year and -0.49% month over month.

What is the Neighborhood Momentum Score for Hope Valley Forest?

Hope Valley Forest has a Neighborhood Momentum Score of 27.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hope Valley Forest?

The NDS-derived neighborhood median household income is approximately $91.

How affordable is Hope Valley Forest relative to household income?

The current Zillow home-value-to-household-income ratio is 4,623.27. Price-to-income affordability is a major Value Opportunity input.

Is Hope Valley Forest primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 81.3%.

What is the unemployment rate in Hope Valley Forest?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Hope Valley Forest?

Approximately 72.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hope Valley Forest face high rent burden?

Approximately 42.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Hope Valley Forest?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications22
Estimated originations13
Home-purchase applications7
Origination rate59.9%
Home-purchase share29.9%
Average application loan$264,605
Total application loan amount$5,818,494
National application rank#10,333 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.7% YoY; originations -2.8% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.