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Affordable
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These days, finding an affordable place to live in the Good Hope area can be challenging. Home prices in Good Hope are now at a median cost of $82,000, lower than the Arkansas average of $207,061.
The average cost of rent is $667/mo in Good Hope, primarily driven by the current value of real estate in the Good Hope area. In Good Hope, 15.20% of households rent, and 71.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Good Hope is $2,611 per month. Households that rent pay about 25.54% of their income on rent here. Good Hope’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chidester, AR: higher priced homes
- Bluff City, AR: equally priced homes
- Sayre, AR: higher priced homes
- Reader, AR: higher priced homes
- Troy, AR: equally priced homes
- Lester, AR: higher priced homes
- Cale, AR: less expensive homes
- Velie, AR: higher priced homes
- Waterloo, AR: equally priced homes
- Kent, AR: higher priced homes
Cities with Similar Populations
- Tousey, KY: higher priced homes
- Deemer, MS: less expensive homes
- Deep River, WA: higher priced homes
- DeGrey, SD: higher priced homes
- Delight, NC: higher priced homes
- Delmita, TX: less expensive homes
- Delta, LA: higher priced homes
- Dille, WV: higher priced homes
- Dillon Beach, CA: higher priced homes
- Dissen, MO: higher priced homes
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