Hopewell / West Pangburn median real estate price is $123,583, which is more expensive than 68.0% of the neighborhoods in Arkansas and 27.7% of the neighborhoods in the U.S.
The average rental price in Hopewell / West Pangburn is currently $772, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.2% of Arkansas neighborhoods.
Hopewell / West Pangburn is a rural neighborhood (based on population density) located in Heber Springs, Arkansas.
Hopewell / West Pangburn real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Hopewell / West Pangburn neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Hopewell / West Pangburn. The current real estate vacancy rate here is 17.5%. This is higher than the rate of vacancies in 80.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.