Condos for Sale in Hope, AR

Hope, a small community in southwest Arkansas, is renowned for its annual Watermelon Festival, a tradition since the 1920s that draws visitors with its massive melons, some weighing over 200 lbs. The town's economy is driven by healthcare and manufacturing, with the Southwest Arkansas Regional Medical Center and Tyson Foods, Inc. playing significant roles. Hope's historic downtown features charming red-brick storefronts and murals, with locally owned businesses surrounding the Hope Visitor Center and Museum, which doubles as an Amtrak station and a mini President Clinton museum. On the outskirts, big-box stores like Piggly Wiggly and Walmart are available. The town maintains three parks, including the expansive Fair Park, known for its 10-acre pond, fishing derbies, and as the site of the Watermelon Festival and Southwest Arkansas District Fair. Housing in Hope primarily consists of rustic ranch-style homes and bungalows built between the 1920s and 1960s, with larger lots and ranches on the outskirts. The median home price is around $117,000, significantly lower than the national average. Hope Public Schools receive average ratings, with Hope High School offering a concurrent enrollment program in partnership with the University of Arkansas Hope-Texarkana. The town is about 34 miles from Texarkana Regional Airport and just over 110 miles from Little Rock via Interstate 30. Residents enjoy a subtropical climate, though they should be mindful of the rainy season when considering property insurance.