OfferBackedBuyer Tools

Is Hope, AR 71801 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hope is a seller’s market. With about 3.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.6%Sold price ÷ list price
Median days on market88Listing to accepted offer
Median price per sq ft$70▼ −8.9% vs. last year

The Hope housing market right now

In the three months ending August 31, 2026, 0% of homes in Hope, AR 71801 sold above their list price, the typical home went under contract in 88 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (45 days then) and the median sale price fell 12% to $64,472. Overall, Hope is less competitive than a year ago, which gives buyers more room.

Run the numbers for 71801

Prefilled for 71801Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71801Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blevins 71825 — /sq ftMc Caskill 71847 — /sq ftSaratoga 71859Buyer’s market $105 /sq ftWashington 71862 $94 /sq ft Browse all markets →

Towns like Hope nearby

Find towns like Hope in other states →
Prescott, AR71857 · 16 miles away88% similarsmaller Magnolia, AR71753 · 35 miles away80% similarpricier homes ($69K more) · younger residents Nashville, AR71852 · 25 miles away77% similarpricier homes ($75K more) · smaller Texarkana, TX75501 · 38 miles away77% similarpricier homes ($37K more) · larger

Where Hope is

Loading map…

Questions about Hope real estate

Is Hope a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Hope, AR 71801 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hope?

The typical home went under contract in 88 days in the latest three months.

Do homes in Hope sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.

What are property taxes in Hope?

About 0.57% of a home’s value a year in Hempstead County, or roughly $2,280 on a $400,000 home.

What is the median home price in Hope?

The median sale price was $64,472 in the three months ending August 31, 2026, about $70 per square foot.

Local agents

See all agents in 71801 →

No sponsored agents in 71801 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 71801

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Hempstead County property taxesHempstead County loan limitsClosing costs in ArkansasHottest ZIP codes in Arkansas
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology