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Hope, AR

Full City Profile · Arkansas · Hempstead County County

2.9 /5.0
C+ Fair
8,787 Population 822/sq mi density
$44,353 Median Income $27,010 per capita
$87,800 Home Value $109,820 Zillow
$777 Median Rent 29.7% income on rent
62°F Avg Temperature 304 sunny days/yr
724 Violent Crime/100K 4,097 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$44,353 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$87,800 home value, $777/mo rent
F
Safety
1.0 / 5.0
724 violent crimes/100K (91% above avg)
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher

Housing Overview

Median Home Value
$87,800
69% below
US avg: $281,900
Median Rent
$777/mo
33% below
US avg: $1,163/mo
Homeownership Rate
55.9%
15% below US avg (65.4%)
Total Housing Units
4,020
Median year built: 1976

Home Value by Source

Census Median
$87,800
Zillow (ZHVI)
$109,820
Median Sale Price
$80,000
Median List Price
$114,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.9%
Owner-Occupied
44.1%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $777/mo

Market Indicators (Redfin)

Median Days on Market
179 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$72
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
55.9%

Complete Housing Data

Home Values

Census Median Value$87,800
Zillow Home Value (ZHVI)$109,820
Median Sale Price$80,000
Median List Price$114,900
Price Per Sq Ft$72

Rent

Census Median Rent$777
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market179
Sale-to-List Ratio1.0%
Price Drops8.3%
Homes Sold4
Active Inventory12
Price Per Sq Ft$72

Ownership & Stock

Owner-Occupied55.9%
Renter-Occupied44.1%
Homeownership Rate55.9%
Total Housing Units4,020
Median Year Built1976
Rent Burden29.7%