Hope, AR Real Estate

According to census data in the year 2000 there were 4,234 housing units in Hope. This represents a 0.6% growth from 4,207 in 1990.

Of those housing units, 4,039 were located in either urbanized areas or urban clusters, and 195 were located in what is classified as a rural area.

Homeownership rate in Hope is about 54.5%. Hope's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Hope were built after 1970.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom12.60%
Two Bedrooms35.30%
Three Bedrooms41.60%
Four Bedrooms9.30%
Five Bedrooms or more0.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1970
Median Value of occupied units$49,200
Median Price asked for vacant units$33,900

Rented Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1969
Median Monthly Rent asked for vacant units$294

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan3.70%
Simple Mortgage46.40%
Debt Free46.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%