Hempstead County, AR housing market
Data through Aug 2026 · Buyer's market · leverage 87
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Home Value
$128,581
+4.4% vs. a year ago
Buyer Leverage Score
87
Sep 2026
Months of Supply
8.4 months
Aug 2026
Days on Market
86 days
Sep 2026
Price Cut %
7.8%
Sep 2026
Sale-to-List Ratio
96.9%
Jul 2026
Mtg Payment as % of Income
22%
Aug 2026
Overvalued %
11%
Aug 2026
Expected Disaster Loss
$142
Dec 2025
What this means
- Valuation. Prices are 11% above what local incomes have historically supported (this area's pre-2020 price-to-income ratio).
- Prices. Home values are up 4.4% over the past year (U.S.: +1.2%).
- Supply. There are 46% more homes for sale than the 2017-19 norm and rising (+11% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (87/100; U.S.: 54): homes sell for about 3.1% below their final list price (as of Jul 2026); 8% of listings had a price cut (U.S.: 26%).
- Affordability. A mortgage on the typical home takes 22% of the median household income (U.S.: 35%); it takes about $34k a year to keep the payment at 30% of gross pay. That includes about $1,514 a year for home insurance (U.S.: $1,790).
- Disaster risk. FEMA expects about $142 a year in natural-disaster damage per $100k of building value (U.S.: $155).
- Outlook. Leaning up: likely −7% to +10% over the next 12 months (67% chance of a rise).
Next 12 months
Leaning up
Prices are more likely to rise than fall over the next year. Likely change: −6.9% to +9.5% (80% range; middle estimate +2.6%), chance of a rise 67%, of a 5%+ drop 14%.
HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.
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ZIP codes in Hempstead County, AR
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Hope, AR 71801 | $124.9K | +3.9% | 68 |
| Fulton, AR 71838 | – | – | 13 |
| Washington, AR 71862 | – | – | 4 |
| Blevins, AR 71825 | – | – | 79 |
| Ozan, AR 71855 | – | – | 71 |
| Mc Caskill, AR 71847 | – | – | 87 |
| Saratoga, AR 71859 | $121.1K | +2.5% | 96 |