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These days, finding an affordable place to live in the 71847 area can be challenging. Home prices in 71847 are now at a median cost of $148,705, lower than the Arkansas average of $207,061.
The average cost of rent is $430/mo in 71847, primarily driven by the current value of real estate in the 71847 area. In 71847, 10.33% of households rent, and 48.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71847 is $7,215 per month. Households that rent pay about 5.96% of their income on rent here. 71847’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 71825, AR: equally priced homes
- 71855, AR: less expensive homes
- 71940, AR: less expensive homes
- 71958, AR: equally priced homes
- 71852, AR: higher priced homes
- 71922, AR: less expensive homes
- 71851, AR: less expensive homes
- 71962, AR: less expensive homes
- 71743, AR: equally priced homes
- 71823, AR: equally priced homes
Zip Codes with Similar Populations
- 48853, MI: higher priced homes
- 73729, OK: less expensive homes
- 73562, OK: equally priced homes
- 72851, AR: higher priced homes
- 72629, AR: equally priced homes
- 57243, SD: higher priced homes
- 54465, WI: higher priced homes
- 52619, IA: higher priced homes
- 52236, IA: higher priced homes
- 52140, IA: higher priced homes
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