Austin, AR72007

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$244,000
1.1% YoY Growth
Median Household Income
$79,600
23.9% 5-Year Growth
Days on Market
41
18.0% Longer than last year
Home Price Forecast
0.6%
Median Rent
$1,400
17.5% YoY Growth
1-Bed Rent
$700
N/A
2-Bed Rent
$795
1.6% YoY Growth
3-Bed Rent
$1,400
0.0% YoY Growth

Other Zip Codes in Austin, AR

Property Listings — Austin, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in Austin, AR is 41. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 52.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$254,0002.0%
Listing Count
42-22.0%
Listings as % of Homes0.9%-22.0%
Days on Market
4118.0%
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Demographics — Austin, AR

As of the latest ACS Survey released in 2023, Austin, AR has a population of 9,940, which has increased by 36.3% over the past 5 years. Austin, AR is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,94036.3%
% Under 18
26.1%-1.5%
% Seniors
12.6%20.0%
% WFH
5.0%72.4%
% w/ College Degree
26.8%41.1%
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As of the latest ACS Survey released in 2023, Austin, AR is a predominantly white area, with 90.4% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Austin, AR is hispanic, making up 5.2% of the population. Foreign-born residents account for 1.5% of the population in Austin, AR, and this percentage has decreased by 21.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.4%1.2%
% Black
1.1%10.0%
% Hispanic
5.2%23.8%
% Asian
1.7%240.0%
% Foreign Born
1.5%-21.1%
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Mortgage and Risk — Austin, AR

According to HUD data as of 2023, there were 245 mortgage originations in Austin, AR, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Austin, AR. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
245
% Conventional Loans
54.0%
% Government Loans
46.0%
% Investor Loans
0.0%
% Second Loans
1.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Austin, AR

As of 2024, the percent of homes in Austin, AR under the Section 8 program is 4.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Austin, 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
18
Total Units Section 8
18
% Rentals under Section 8
4.1%
% Occupied Section 8
69.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$330$700$1,030
2 Bedroom$395$795$1,190
3 Bedroom$190$1,400$1,590
4 Bedroom$180$1,700$1,880

Affordability — Austin, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$244,000
Median Household Income$79,600

Austin, AR — ZIP Code Boundary Map

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Frequently Asked Questions