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These days, finding an affordable place to live in the 72031 area can be challenging. Home prices in 72031 are now at a median cost of $108,368, lower than the Arkansas average of $160,541.
The average cost of rent is $594/mo in 72031, primarily driven by the current value of real estate in the 72031 area. While nearly 56.93% of residents own their homes outright in 72031, 25.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in 72031 is $3,765 per month. Households that rent pay about 15.77% of their income on rent here. 72031's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 72153, AR: equally priced homes
- 72141, AR: less expensive homes
- 72013, AR: equally priced homes
- 72088, AR: higher priced homes
- 72030, AR: equally priced homes
- 72067, AR: higher priced homes
- 72044, AR: higher priced homes
- 72080, AR: equally priced homes
- 72130, AR: equally priced homes
- 72543, AR: higher priced homes
Zip Codes with Similar Populations
- 53042, WI: higher priced homes
- 78119, TX: higher priced homes
- 77864, TX: equally priced homes
- 77331, TX: higher priced homes
- 75684, TX: equally priced homes
- 74834, OK: higher priced homes
- 74047, OK: higher priced homes
- 74036, OK: higher priced homes
- 72958, AR: less expensive homes
- 65010, MO: higher priced homes
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