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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 12.60% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 41.60% |
| Four Bedrooms | 9.30% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $49,200 |
| Median Price asked for vacant units | $33,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $294 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 46.40% |
| Debt Free | 46.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
