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Featured local agent — Hope, AR
Sarah Mitchell
Compass Real Estate · Hope, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hope, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$80,000median sale price
How is the Hope, AR housing market right now?
The median home sale price in Hope, AR is $80,000, up 6.7% year-over-year. Homes sell in an average of 2 days with 7 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hope a buyer's or seller's market?
Hope, AR is currently a seller's market, based on 2.3 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
2
Fast-moving
Active listings
7
2.3 months supply
Sale-to-list
94.1%
Below asking
What does the Hope housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $80,000 |
| Year-over-year price change | +6.7% |
| Average days on market | 2 days |
| Active inventory | 7 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 94.1% |
| Median price per sq ft | $65/sq ft |
| Homes sold (latest month) | 3 |
| Listings with a price cut | 14.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hope by property type?
How the Hope, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $80,000 | $65/sq ft | 3 | 2 days |
Source: Redfin · Updated monthly
The Hope housing market is currently classified as a seller's market with a median sale price of $80,000. Prices have risen 6.7% compared to last year, with homes spending an average of 2 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Hope
There are currently 7 homes listed for sale in Hope, Arkansas.
Active listings
7
Homes on market
Avg. days on market
2
Days until sale
Who lives in Hope?
Population
8,787
Median income
$44,353/yr
Median age
37.5 years
Owner-occupied
55.9%
College grads
14.9%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Hope?
Zillow home value
$120,574
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Hope?
Hope is a community of approximately 9K residents with a median age of 37.5 years.The median household income is $44,353, which represents a working-class community with solid middle-income opportunities. 14.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.9%, showing a blend of owner and renter-occupied properties. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hope offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hope?
9 schools tracked · 2,858 students
The largest public schools serving Hope, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
WM. JEFFERSON CLINTON PRIMARY SCHOOL
Grades PK-4 · 930 students
HOPE HIGH SCHOOL
Grades 9-12 · 606 students
SPRING HILL ELEMENTARY SCHOOL
Grades PK-6 · 354 students
SPRING HILL HIGH SCHOOL
Grades 7-12 · 286 students
HOPE ACADEMY OF PUBLIC SERVICE
Grades 5-8 · 226 students
BERYL HENRY UPPER ELEM. SCHOOL
Grades 5-6 · 209 students
YERGER JUNIOR HIGH SCHOOL
Grades 7-8 · 191 students
CREATIVE ACTION TEAM SCHOOL
Grades K-12 · 56 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hope, AR?
Want a head-to-head view? Compare Hope side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hope?
The median home sale price in Hope is $80,000, up 6.7% from last year.
How long do homes stay on market in Hope?
Homes typically spend 2 days on market before going under contract.
What is the median income in Hope?
The median household income is $44,353 per year.
Is Hope a buyer's or seller's market?
With 2.3 months of supply, Hope is currently a seller's market.
What is the Zillow home value estimate for Hope?
The Zillow Home Value Index (ZHVI) for Hope is $120,574, representing the typical home value in the area.
How much does a single-family home cost in Hope?
The median single-family home price in Hope, AR is $80,000 (about $65 per square foot).
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