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These days, finding an affordable place to live in the 72616 area can be challenging. Home prices in 72616 are now at a median cost of $200,630, lower than the Arkansas average of $207,061.
The average cost of rent is $782/mo in 72616, primarily driven by the current value of real estate in the 72616 area. In 72616, 21.36% of households rent, and 51.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 72616 is $4,817 per month. Households that rent pay about 16.23% of their income on rent here. 72616’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 72638, AR: less expensive homes
- 72632, AR: higher priced homes
- 72660, AR: less expensive homes
- 72631, AR: higher priced homes
- 72611, AR: equally priced homes
- 72662, AR: higher priced homes
- 72732, AR: higher priced homes
- 72601, AR: equally priced homes
- 72756, AR: higher priced homes
- 72751, AR: higher priced homes
Zip Codes with Similar Populations
- 17540, PA: higher priced homes
- 83274, ID: higher priced homes
- 86045, AZ: less expensive homes
- 87420, NM: less expensive homes
- 92314, CA: higher priced homes
- 94572, CA: higher priced homes
- 19317, PA: higher priced homes
- 19081, PA: higher priced homes
- 19004, PA: higher priced homes
- 18071, PA: higher priced homes
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