Market Overview
Home Prices in Newhope, AR
The median home value in Newhope, AR is $149,930 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newhope are priced63% below average.
Over the past five years, Newhope home values have risen by approximately0.3%, reflecting modest growth in this market.
Price History
Newhope Home Price Trend
2020
$123,072
$123K
—
2021
$149,533
$150K
+21.5%
2022
$169,442
$169K
+13.3%
2023
$161,483
$161K
-4.7%
2024
$159,232
$159K
-1.4%
2025
$151,298
$151K
-5.0%
2026
$149,930
$150K
-0.9%
City Comparison
Newhope vs. National Median
🏠 Newhope
$149,930
National Median
$410,000
At $149,930, homes in Newhope cost 63% below the national median of $410,000. This makes Newhope a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newhope?
20% Down Payment
$29,986
on $149,930
Monthly P&I
$782/mo
30-yr @ 6.8%
Total Monthly Est.
~$993/mo
incl. taxes & insurance
Income Needed
$39,720
gross annual (30% rule)
10% Down Option
$14,993
+ PMI applies
Loan Amount (20% dn)
$119,944
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Newhope, AR?
The median home value in Newhope is $149,930 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Newhope?
Over the past year, home values in Newhope have decreased by 0.9%. Over five years, prices have risen approximately 0.3%.
How much do I need to earn to buy a home in Newhope?
To comfortably afford the median home price of $149,930 with a 20% down payment ($29,986) at today's rates (6.8%), you'd need a gross annual income of approximately $39,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Newhope compare to the national average home price?
The national median home value is approximately $410,000. At $149,930, homes in Newhope are 63% below the national average.