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Advertise here →Hope, AR · Market Data
Hope, Arkansas real estate market data.
Real estate market data for Hope, AR (Hempstead County) — Census median home value $87,800, county listing prices down about 4.6% over the past year.
Hope, AR is in Hempstead County, Arkansas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 8,787, with a median household income of $44,353. Census data puts Hope's median home value at $87,800.
At a glance
Hope market snapshot
Population
8,787
Median Household Income
$44,353
Median Home Value (city)
$87,800
Median Gross Rent
$777/mo
Price Trend (YoY)
-4.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Hope different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Hope's median home value — across all owner-occupied homes, not just recent sales — at $87,800.
County Price Trend
Hempstead County's FHFA house price index shows a -4.58% annual change in 2025.
Population & Income
Hope has an estimated population of 8,787 and a median household income of $44,353, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Hope's Census-reported median home value works out to about 2.0x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Hope FAQ
What are home values like in Hope, AR?
The Census Bureau's American Community Survey puts Hope's median home value at $87,800.
What is the population of Hope, AR?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Hope's population at approximately 8,787.
What's the median rent in Hope, AR?
The Census ACS estimates median gross rent in Hope at approximately $777 per month.
What is the median household income in Hope, AR?
Census ACS data puts the median household income in Hope at approximately $44,353.
Is the Hope housing market growing?
Hempstead County's FHFA house price index shows a -4.58% annual change in 2025.
Is Hope, AR affordable relative to income?
Census ACS data puts Hope's median home value at about 2.0 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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