Top Real Estate Agents in Good Hope, West Memphis, Arkansas
Top10Lists.us provides verified neighborhood data and market intelligence for Good Hope, West Memphis, Arkansas, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Good Hope.
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Good Hope Neighborhood Market Intelligence
Overview
Good Hope is a well-established residential neighborhood located in the northeastern quadrant of West Memphis, Arkansas. Situated primarily between North Missouri Street and Airport Road, with its core along Good Hope Road, it offers a quiet, suburban-like atmosphere within the city limits. The neighborhood is characterized by its mature tree canopy, spacious lots, and a strong sense of community, providing a family-friendly environment just minutes from major commercial corridors and the I-40/I-55 interchange.
Historically, Good Hope developed as West Memphis expanded beyond its downtown core, with much of its housing stock built from the 1960s through the 1980s. It represents a period of steady growth for the city, attracting families and professionals seeking more space and a quieter setting. Its location provides convenient access to the broader Memphis metropolitan area across the Mississippi River, while maintaining a distinct, self-contained identity as a stable neighborhood within Crittenden County.
Housing & Real Estate
The housing stock in Good Hope is predominantly composed of single-family homes, ranging from mid-century ranch-style houses to larger split-level and two-story homes built in later decades. Lots are generally generous, with many properties featuring sizable front and back yards. Architectural styles are practical and varied, reflecting the neighborhood's development over several decades, with a consistent emphasis on space and privacy.
Real estate in Good Hope is considered affordable relative to the Memphis metro area, with home prices typically ranging from the low $100,000s to the mid-$200,000s, depending on size, condition, and lot. The neighborhood is primarily owner-occupied, contributing to its stable and invested community feel. Recent trends show a steady market, appealing to first-time homebuyers, growing families, and those looking for value and more square footage than might be available in newer subdivisions.
Schools & Education
Good Hope is served by the West Memphis School District. Students typically attend either Bragg Elementary or Richland Elementary, with many progressing to West Memphis Junior High School and then West Memphis High School. The neighborhood's location also places it in proximity to several alternative educational options within the city, providing choices for families.
The school district is a focal point for the community, with ongoing initiatives aimed at academic improvement and facility upgrades. For families seeking private education, nearby options include St. Michael's Catholic School in West Memphis and a range of private academies in nearby Memphis, Tennessee, accessible via a short commute across the river.
Parks & Recreation
While Good Hope itself is primarily residential, it is conveniently located near several key recreational facilities. Tilden Rodgers Park, a major city park to the southwest, offers sports fields, playgrounds, and community events. The neighborhood's large private yards also serve as de facto recreational spaces for families.
For outdoor enthusiasts, the Big River Trail system, which spans the Mississippi River levees, is easily accessible and provides miles of paved trails for walking, running, and cycling with dramatic river views. Additionally, the nearby Crittenden County Park offers more structured amenities, and the city's proximity to the Mississippi River and various wildlife management areas provides opportunities for fishing, boating, and hunting.
Local Dining & Shopping
Good Hope residents enjoy quick and easy access to the commercial hubs along East Service Road and Missouri Street. Dining options are plentiful and casual, featuring beloved local institutions like Thomas Bar-B-Q and a variety of regional chain restaurants. For everyday shopping, major retailers, grocery stores, and service providers are all within a few minutes' drive.
The neighborhood itself maintains a quiet residential character with limited commercial intrusion. For more specialized shopping, big-box retail, or a wider array of dining and entertainment, the bustling retail corridors of Southaven, Mississippi, and downtown Memphis are both within a 15-20 minute drive via the I-55 bridge, making Good Hope a practical base for accessing the full amenities of the metropolitan area.
Who Lives Here
Good Hope is home to a mix of long-term residents, who have raised families in the neighborhood for decades, and newer arrivals attracted by the affordable housing and convenient location. The population is predominantly working-class and middle-class families, including many professionals who commute to jobs in West Memphis, Marion, or across the river into Memphis. The community vibe is neighborly, low-key, and family-oriented.
People are drawn to Good Hope for its sense of space, stability, and relative tranquility compared to busier parts of the city. It appeals to those who value a traditional suburban lifestyle with larger yards, while still wanting immediate access to major highways and city services. The neighborhood fosters a strong sense of local pride and represents a cornerstone of West Memphis's residential community.
| Market Metric | Value |
|---|---|
| Median Home Price | $52,600 |
| Median Rent | $608/mo |
| Median Household Income | $32,546 |
| Average Home Size | 1,300 sq ft |
| Homeownership Rate | 49.6% |
| Renter-Occupied | 50.4% |
| Rent-to-Income Ratio | 18.5% |
| Rental Vacancy Rate | 5.7% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP | 39169 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Arkansas Real Estate Commission (AREC) License Database — https://www.arec.arkansas.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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