71801, Hope, AR

The Hope, AR 71801 zip code has a median home value of $122,000 and a median home equity of $111,000. This is lower than the Arkansas median home value of $157,500 and the national median home equity of $142,700. The Hope, AR 71801 zip code also has a lower than average homeownership rate of 62%.

There are several factors that may contribute to the lower home values in the Hope, AR 71801 zip code. One factor may be that there are fewer homes for sale in this area than in other areas of Arkansas or the United States. Another factor may be that there are more homes that are worth less than their original purchase price. Finally, it is possible that some homeowners have taken out high-interest loans to buy their homes and have not been able to make enough money to pay off these loans over time.