Hope, AR Foreclosures
How much do homes sell for in Hope, AR?
The average home price is currently $138,381.
In Hope, AR, how many homes are available?
There are currently 2 active home listings available in Hope.
What’s the average rental cost in Hope, AR?
The average rental price in Hope is $913.
What is the most expensive home in Hope?
The most expensive home sold in Hope had a price of $3,517,430.
What is currently the cheapest priced home in Hope, AR?
The cheapest home for sale in Hope is priced at $4,652.
Living in Hope, AR
Hope, Arkansas is a charming small town famous for its historical significance and family-friendly atmosphere. It offers a range of amenities, great recreational spaces, and benefits from an affordable cost of living, making it appealing for both residents and potential homebuyers.
Current Market Conditions in Hope, AR
The real estate market in Hope, AR, is currently characterized by a balance between buyers and sellers. Homes typically remain on the market for a moderate duration, and there are various options available for first-time buyers as well as those looking to move up in the market. Lately, there has been an increase in interest from out-of-state buyers seeking a more affordable lifestyle and a quiet, small-town atmosphere.
Overall, the property values have been stable, showing slight appreciation over the past few years as the area gains popularity. There is an emerging trend towards renovations and restorations of older homes, indicating a positive movement in the housing culture of the town.
Home Value Estimator For Hope, AR
There are currently 5,366 real estate properties
in Hope, AR,
with a median automated valuation model (AVM) price
of $93,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hope, AR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hope, AR,
is $138,381.00, with the most expensive house
in Hope, AR, topping out
at $3,517,430.00 and the cheapest home
in Hope, AR,
clocking in at $4,652.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hope, AR!
Rent Prices
In Hope, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hope, AR, is on
a rollercoaster ride. The
average rent price in Hope, AR,
is $913.00. Indeed, when looking to rent in
Hope, AR, you can expect to pay as little
as $420.00 or as much
as $2,640.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Hope, AR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
