Hope, Arkansas.
Typical home $117,726 (+3.5% in a year). Hope, AR metro.
to buy the typical home at today's mortgage rate — +$269 (+77%) since Jan 2020.
- 1 year
- Up $3,935 +3%
- $113,791$117,726 since Sep 2025
- 5 years
- Up $8,115 +7%
- $109,611$117,726 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Hope$618
- Arkansas$1,177
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 49 years.
Typical home values in Hope, AR rose 3.5% over the past year — faster than the nation's +1.2%.
Living in Hope, Hempstead County, Arkansas
Hope is a city of 8,952 people in Hempstead County. Half its households earn more than $37,500 a year and half less, against $46,787 across Hempstead County; 23% of its people live below the poverty line. 60% of its homes are lived in by their owners and 40% are rented. Unemployment in Hempstead County was 4.5% in August 2026, and the county had 1.8% more jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Hope is a small city in Hempstead County, with a median age somewhat above the middle years, and more of its residents rent than across much of the country, though most homes are still lived in by their owners. Household incomes run below the county's, and relatively few adults hold a four-year degree. Winters are mild and rarely snowy, summers are hot, and rain falls plentifully through the year.
Work. Residents work mostly in manufacturing, schools, hospitals and social care, shops, and professional and business services. The largest workplaces in Hope include the Hope School District, Walmart and University of Arkansas Hope-Texarkana. Jobs across the county grew slightly last year, and the typical commute is short, with very few people working from home.
Things to do. The President William Jefferson Clinton Birthplace Home National Historic Site is in or beside town, and Historic Washington State Park, a museum of preserved early Arkansas history, is a short drive away. A longer drive leads to Crater of Diamonds State Park, a protected area, and to Millwood State Park, also a protected area with lake scenery.
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- 3,522households
- 14%of adults have a degree
- 23%below the poverty line
- 19 mintypical commute
- 2%work from home
What residents work in
Employed residents by industry, from the Census survey. Hempstead County had 7,764 jobs in 2025, 1.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 53° and lows near 32°; warmest in August, with highs near 92° and lows near 70°. About 2 inches of snow and 56 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Hope Northeast weather station, 3 miles away (NOAA).
Largest workplaces in Hope
- Hope School DistrictSchool district385FTE
- WalmartWarehouse clubs and supercenters265
- University of Arkansas Hope-TexarkanaTwo-year college207
- Heather Manor Nursing and Rehab CenterSkilled nursing facilities108
- Wadley Medical Center at HopeGeneral hospital80FTE
- Brookshire Grocery CompanySupermarkets and other grocery retailers63
- South Ark ElectricElectrical contractors40
- HopeMail and parcel delivery28
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 6 workplaces with 20 or more staff, 528 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- HailRelatively high
- LightningRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- Winter weatherRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Hope’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hempstead County and the Hope, AR metro.
Hope home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Hope$117,726
- Arkansas$224,158
- United States$366,157
Sellers are cutting prices on about 1 in 7 Hope listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Hope14.62%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Hope48
New listings per month
Sellers arriving at the market.
- Hope9
Zip codes with a Hope address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hope — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.