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These days, finding an affordable place to live in the 72940 area can be challenging. Home prices in 72940 are now at a median cost of $182,987, lower than the Arkansas average of $207,061.
The average cost of rent is $1,040/mo in 72940, primarily driven by the current value of real estate in the 72940 area. In 72940, 17.39% of households rent, and 58.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 72940 is $4,178 per month. Households that rent pay about 24.90% of their income on rent here. 72940’s most expensive areas are in the eastern 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
- 72944, AR: less expensive homes
- 72945, AR: equally priced homes
- 72936, AR: higher priced homes
- 72937, AR: less expensive homes
- 72938, AR: less expensive homes
- 72916, AR: higher priced homes
- 74932, OK: higher priced homes
- 74902, OK: less expensive homes
- 72927, AR: less expensive homes
- 74953, OK: less expensive homes
Zip Codes with Similar Populations
- 25674, WV: less expensive homes
- 04351, ME: higher priced homes
- 26807, WV: equally priced homes
- 39160, MS: less expensive homes
- 23966, VA: higher priced homes
- 28020, NC: higher priced homes
- 12918, NY: equally priced homes
- 31749, GA: less expensive homes
- 54629, WI: higher priced homes
- 56381, MN: higher priced homes
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