Royal, AR—71968
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Royal, AR
As of Oct '25, the median home price in Royal, AR is $276,000, with a year-over-year change of 0.4%. This indicates that home prices in Royal, AR are flat. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | 0.5% |
| Single Family | $276,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | -0.5% |
3 Bed | $296,000 | 1.7% |
4 Bed | $489,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Royal, AR
As of July '25, Rentcast reports the average rent in Royal, AR is $1,250, with a year-over-year rent change of -19.4%. Per bedroom, the median rent as of July '25 in Royal, AR is 1-bedrooms: $1,260, 2-bedrooms: $950, 3-bedrooms: $1,550. The most common rental property sizes in Royal, AR are 4-bedroom and 3-bedroom, accounting for 55.6% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,260 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,260 | $1,260 |
| 2 Bed Rent | $950 | $950 |
| 3 Bed Rent | $1,550 | $1,550 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Royal, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Royal, AR is 70. This is a decrease of -25.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $749,000 | 18.0% |
Listing Count | 28 | 21.0% |
| Listings as % of Homes | 0.6% | 21.0% |
Days on Market | 70 | -25.0% |
Demographics — Royal, AR
As of the latest ACS Survey released in 2023, Royal, AR has a population of 4,580, which has increased by 12.6% over the past 5 years. Royal, AR is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,580 | 12.6% |
% Under 18 | 22.9% | 30.9% |
% Seniors | 20.3% | -9.0% |
% WFH | 4.9% | -16.9% |
% w/ College Degree | 20.5% | -6.0% |
As of the latest ACS Survey released in 2023, Royal, AR is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Royal, AR is hispanic, making up 4.4% of the population. Foreign-born residents account for 0.3% of the population in Royal, AR, and this percentage has increased by Inf% 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 | 91.9% | -0.1% |
% Black | 0.6% | -86.7% |
% Hispanic | 4.4% | 1,000.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | ∞% |
Mortgage and Risk — Royal, AR
According to HUD data as of 2023, there were 89 mortgage originations in Royal, AR, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Royal, AR. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 89 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 6.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Royal, AR
Royal, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$320 | $1,260 | $940 |
| 2 Bedroom | $260 | $950 | $1,210 |
| 3 Bedroom | -$20 | $1,550 | $1,530 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Royal, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $276,000 |
| Median Household Income | $75,700 |