Texarkana, AR—71854
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Texarkana, AR
As of Oct '25, the median home price in Texarkana, AR is $163,000, with a year-over-year change of -3.7%. This indicates that home prices in Texarkana, AR are decreasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $163,000 | -3.7% |
| Single Family | $163,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $111,000 | -1.8% |
3 Bed | $206,000 | 1.5% |
4 Bed | $324,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Texarkana, AR
As of July '25, Rentcast reports the average rent in Texarkana, AR is $1,050, with a year-over-year rent change of 6.9%. Per bedroom, the median rent as of July '25 in Texarkana, AR is 1-bedrooms: $677, 2-bedrooms: $1,060, 3-bedrooms: $1,180, 4-bedrooms: $950. The most common rental property sizes in Texarkana, AR are 2-bedroom and 3-bedroom, accounting for 39.6% and 37.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $680 | $677 |
| 2 Bed Rent | $850 | $1,060 |
| 3 Bed Rent | $1,200 | $1,180 |
| 4 Bed Rent | $950 | $950 |
% of Rental Stock
Property Listings — Texarkana, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Texarkana, AR is 83. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $202,000 | -13.0% |
Listing Count | 133 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 83 | -9.0% |
Demographics — Texarkana, AR
As of the latest ACS Survey released in 2023, Texarkana, AR has a population of 35,500, which has decreased by -3.7% over the past 5 years. Texarkana, AR is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,500 | -3.7% |
% Under 18 | 23.0% | -3.8% |
% Seniors | 17.4% | 7.4% |
% WFH | 4.0% | 48.1% |
% w/ College Degree | 16.1% | -5.8% |
As of the latest ACS Survey released in 2023, Texarkana, AR is a predominantly white area, with 62.3% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Texarkana, AR is black, making up 29.9% of the population. Foreign-born residents account for 1.8% of the population in Texarkana, AR, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.3% | -4.2% |
% Black | 29.9% | 6.4% |
% Hispanic | 3.6% | -5.3% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 1.8% | 12.5% |
Mortgage and Risk — Texarkana, AR
According to HUD data as of 2023, there were 442 mortgage originations in Texarkana, AR, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Texarkana, AR. Investor activity is low, as 5.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 442 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Texarkana, AR
As of 2024, the percent of homes in Texarkana, AR under the Section 8 program is 22.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Texarkana, AR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,159 |
Total Units Section 8 | 1,153 |
% Rentals under Section 8 | 22.0% |
% Occupied Section 8 | 79.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $680 | $820 |
| 2 Bedroom | $180 | $850 | $1,030 |
| 3 Bedroom | $80 | $1,200 | $1,280 |
| 4 Bedroom | $660 | $950 | $1,610 |
Affordability — Texarkana, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $163,000 |
| Median Household Income | $48,200 |