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Hope, AR Housing

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As of 2010-2014, median price of a house in Hope is $67,000, which is much lower than the state average of $108,700 and is much lower than the national average of $175,700. The Hope median house value has grown by 36.18% since 2000. The growth rate for the price of a house in Hope is lower than the state average rate of 49.31% and is lower than the national average rate of 46.91%. The median year that a house in Hope was built is 1974, which is older than the median year for a house built in the state which is 1982 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,986 Owner Occupied Houses in Hope, AR, #279

Hope, AR	67,000 USD
Arkansas	108,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #310

Hope, AR	36.18%
Arkansas	49.31%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Hope, AR	Arkansas	U.S.
Total Housing Units	4,369, see rank, 100%	1,329,139	132,741,033
Occupied Housing Units	3,435, 78.62%, see rank	85.20%	87.55%
Owner Occupied	1,986, 45.46%, see rank	56.70%	56.34%
Renter Occupied	1,449, 33.17%, see rank	28.50%	31.21%
Vacant Housing Units	934, 21.38%, see rank	14.80%	12.45%
For Rent	303, 6.94%, see rank	3.08%	2.34%
For Sale Only	51, 1.17%, see rank	1.47%	1.20%
Rented or Sold, Not Occupied	24, 0.55%, see rank	1.34%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	3.77%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	556, 12.73%, see rank	5.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #318

Hope, AR	Arkansas	U.S.
1974	1982	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Hope, AR	%	Arkansas	U.S.
Owner-Occupied Units	1,986	100%	753,620	74,787,460
With a Mortgage	804	40.48%, see rank	57.12%	65.58%
Without a Mortgage	1,182	59.52%, see rank	42.88%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Hope, AR	917 USD
Arkansas	1,027 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Hope, AR	%	Arkansas	U.S.
$299 or Less	10	1.24%, see rank	0.27%	0.20%
$300 to $499	44	5.47%, see rank	4.06%	1.59%
$500 to $699	151	18.78%, see rank	13.71%	5.01%
$700 to $999	329	40.92%, see rank	29.88%	14.32%
$1,000 to $1,499	233	28.98%, see rank	31.28%	27.90%
$1,500 to $1,999	24	2.99%, see rank	11.89%	20.35%
$2,000 to $2,999	13	1.62%, see rank	6.76%	19.52%
$3,000 or More	0	0.00%, see rank	2.16%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Hope, AR	24.00% of the Total Income
Arkansas	20.40% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Hope, AR	%	Arkansas	U.S.
10% or Less	42	5.22%, see rank	8.42%	5.86%
10% to 20%	264	32.84%, see rank	40.00%	31.95%
20% to 30%	139	17.29%, see rank	25.17%	27.64%
30% to 40%	158	19.65%, see rank	10.74%	13.74%
40% or More	187	23.26%, see rank	15.06%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Hope, AR	328 USD
Arkansas	328 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Hope, AR	%	Arkansas	U.S.
$199 or Less	190	16.07%, see rank	14.84%	7.76%
$200 to $299	259	21.91%, see rank	27.47%	14.70%
$300 to $499	563	47.63%, see rank	40.92%	34.63%
$500 to $699	131	11.08%, see rank	11.95%	21.16%
$700 or More	39	3.30%, see rank	4.82%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Hope, AR	11.70% of the Total Income
Arkansas	10.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Hope, AR	%	Arkansas	U.S.
10% or Less	471	39.85%, see rank	46.84%	40.19%
10% to 20%	426	36.04%, see rank	30.62%	31.47%
20% to 30%	187	15.82%, see rank	10.57%	12.24%
30% to 40%	76	6.43%, see rank	4.25%	5.64%
40% or More	22	1.86%, see rank	6.40%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Hope, AR	Arkansas	U.S.
Total Housing Units	4,369, 100%	1,329,139	132,741,033
1-unit, Detached	3,047, 69.74%, see rank	69.70%	61.65%
1-unit, Attached	72, 1.65%, see rank	1.65%	5.82%
2 Units	188, 4.30%, see rank	3.05%	3.75%
3 or 4 Units	317, 7.26%, see rank	3.22%	4.43%
5 to 9 Units	30, 0.69%, see rank	3.18%	4.78%
10 or More Units	192, 4.39%, see rank	6.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	523, 11.97%, see rank	12.96%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Hope, AR	Arkansas	U.S.
Total Housing Units	4,369, 100%	1,329,139	132,741,033
1 Room	60, 1.37%, see rank	1.56%	1.95%
2 Rooms	23, 0.53%, see rank	1.59%	2.48%
3 Rooms	373, 8.54%, see rank	6.43%	9.13%
4 Rooms	845, 19.34%, see rank	17.60%	16.60%
5 Rooms	1,379, 31.56%, see rank	26.27%	20.41%
6 Rooms	836, 19.13%, see rank	20.63%	18.06%
7 Rooms	425, 9.73%, see rank	12.10%	12.27%
8 Rooms	160, 3.66%, see rank	6.91%	8.48%
9 Rooms or More	268, 6.13%, see rank	6.92%	10.60%
Median Rooms	5.10, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Hope, AR	Arkansas	U.S.
Total Housing Units	4,369, 100%	1,329,139	132,741,033
No Bedroom	60, 1.37%, see rank	1.67%	2.17%
1 Bedroom	363, 8.31%, see rank	7.20%	11.16%
2 Bedrooms	1,345, 30.79%, see rank	27.66%	26.69%
3 Bedrooms	2,185, 50.01%, see rank	49.76%	39.70%
4 Bedrooms	351, 8.03%, see rank	11.71%	16.05%
5 or More Bedrooms	65, 1.49%, see rank	2.00%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Hope, AR	Arkansas	U.S.
Total Housing Units	3,435, 100%	1,132,488	116,211,092
Utility Gas	2,235, 65.07%, see rank	40.58%	48.85%
Bottled, Tank, or LP Gas	16, 0.47%, see rank	7.51%	4.86%
Electricity	1,148, 33.42%, see rank	46.89%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.00%	0.12%
Wood	13, 0.38%, see rank	4.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	0, 0.00%, see rank	0.30%	0.47%
No Fuel Used	23, 0.67%, see rank	0.20%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Hope, AR	Arkansas	U.S.
Occupied Units Paying Rent	1,333, 100%	340,136	39,201,928
$199 or Less	26, 1.95%, see rank	1.96%	1.50%
$200 to $299	87, 6.53%, see rank	4.51%	3.18%
$300 to $499	171, 12.83%, see rank	15.80%	7.37%
$500 to $699	680, 51.01%, see rank	31.92%	16.01%
$700 to $999	326, 24.46%, see rank	32.72%	29.17%
$1,000 to $1,499	31, 2.33%, see rank	10.95%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.32%	9.79%
$2,000 or More	12, 0.90%, see rank	0.81%	6.10%
Median	$588, see rank	$675	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Hope, AR	Arkansas	U.S.
Occupied Housing Units	3,435, 100%	1,132,488	116,211,092
No Vehicles Available	365, 10.63%, see rank	6.36%	9.12%
1 Vehicles Available	1,570, 45.71%, see rank	34.07%	33.80%
2 Vehicles Available	843, 24.54%, see rank	39.29%	37.48%
3 or More Vehicles Available	657, 19.13%, see rank	20.28%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.