Hope, AR
Full City Profile · Arkansas · Hempstead County County
2.8
/5.0
C+
Fair
8,787
Population
822/sq mi density
$44,353
Median Income
$27,010 per capita
$87,800
Home Value
$122,661 Zillow
$777
Median Rent
29.7% income on rent
62°F
Avg Temperature
722
Violent Crime/100K
3,197 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$44,353 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$87,800 home value, $777/mo rent
F
Safety
1.0 / 5.0
722 violent crimes/100K (90% 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)
$122,661
Redfin Median Sale
$80,000
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
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 Sale Price
$80,000
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) | $122,661 |
| Redfin Median Sale | $80,000 |
| 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 Market | 179 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 8.3% |
| Homes Sold | 4 |
| Active Inventory | 12 |
| Price Per Sq Ft | $72 |
Ownership & Stock
| Owner-Occupied | 55.9% |
| Renter-Occupied | 44.1% |
| Homeownership Rate | 55.9% |
| Total Housing Units | 4,020 |
| Median Year Built | 1976 |
| Rent Burden | 29.7% |