Conway, AR 72032 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Conway, AR—72032

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$219,000

2.5% YoY Growth

Household Income

$61,500

35.9% YoY Growth

Days on Market

9.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,400

8.0% YoY Growth

1-Bed Rent

$800

0.4% YoY Growth

2-Bed Rent

$795

5.0% YoY Growth

3-Bed Rent

$1,550

14.7% YoY Growth

Other Zip Codes in Conway, AR

72034

Home Price Trends — Conway, AR

As of Dec '25, the median home price in Conway, AR is $219,000, with a year-over-year change of 2.5%. This indicates that home prices in Conway, AR are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$219,000	2.5%
Single Family	$219,000	2.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Conway, AR

As of July '25, Rentcast reports the average rent in Conway, AR is $1,350, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in Conway, AR is studios: $850, 1-bedrooms: $808, 2-bedrooms: $856, 3-bedrooms: $1,560, 4-bedrooms: $1,720. The most common rental property sizes in Conway, AR are 2-bedroom and 3-bedroom, accounting for 44.7% and 34.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,400	$1,350
Studio Rent	$850	$850
1 Bed Rent	$800	$808
2 Bed Rent	$795	$856
3 Bed Rent	$1,550	$1,560
4 Bed Rent	$1,700	$1,720

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% of Rental Stock

Studio

4.0%

1 Bedroom

12.8%

2 Bedrooms

44.7%

3 Bedrooms

34.0%

4 Bedrooms

4.0%

5+ Bedrooms

0.4%

Property Listings — Conway, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Conway, AR is 54. This is a increase of 5.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$236,000	5.0%
Listing Count	123	25.0%
Listings as % of Homes	0.5%	25.0%
Days on Market	58	9.0%

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Demographics — Conway, AR

As of the latest ACS Survey released in 2023, Conway, AR has a population of 35,100, which has increased by 4.7% over the past 5 years. Conway, AR is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	35,100	4.7%
% Under 18	23.7%	5.3%
% Seniors	13.0%	4.0%
% WFH	7.2%	132.3%
% w/ College Degree	27.3%	17.2%

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As of the latest ACS Survey released in 2023, Conway, AR is a predominantly white area, with 72.0% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Conway, AR is black, making up 14.7% of the population. Foreign-born residents account for 4.7% of the population in Conway, AR, and this percentage has increased by 30.6% 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	72.0%	-4.6%
% Black	14.7%	-10.4%
% Hispanic	8.4%	71.4%
% Asian	0.9%	-10.0%
% Foreign Born	4.7%	30.6%

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Mortgage and Risk — Conway, AR

According to HUD data as of 2023, there were 683 mortgage originations in Conway, AR, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Conway, 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	683
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	6.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Conway, AR

As of 2024, the percent of homes in Conway, AR under the Section 8 program is 5.2%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Conway, AR, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	284
Total Units Section 8	270
% Rentals under Section 8	5.2%
% Occupied Section 8	82.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$60	$800	$860
2 Bedroom	$205	$795	$1,000
3 Bedroom	-$220	$1,550	$1,330
4 Bedroom	-$120	$1,700	$1,580

Conway, AR—72032

Key Metrics at a Glance

Other Zip Codes in Conway, AR

Home Price Trends — Conway, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Conway, AR

% of Rental Stock

Property Listings — Conway, AR

Demographics — Conway, AR

Race and Ethnicity

Mortgage and Risk — Conway, AR

Mortgages

Rentals and Section 8 — Conway, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Conway, AR

Home Price to Income Ratio

Conway, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Conway

Conway, AR

Vilonia, AR

Mayflower, AR

Greenbrier, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$219,000
Median Household Income	$61,500

Conway, AR—72032

Key Metrics at a Glance

Other Zip Codes in Conway, AR

Home Price Trends — Conway, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Conway, AR

% of Rental Stock

Property Listings — Conway, AR

Demographics — Conway, AR

Race and Ethnicity

Mortgage and Risk — Conway, AR

Mortgages

Rentals and Section 8 — Conway, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Conway, AR

Home Price to Income Ratio

Conway, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Conway

Conway, AR

Vilonia, AR

Mayflower, AR

Greenbrier, AR

Frequently Asked Questions

What is the average home price in Conway, AR 72032?

How have home prices in Conway, AR 72032 changed over the past year?

What is the home price projection for Conway, AR 72032?

What are the demographics of Conway, AR 72032?

How long does it take homes to sell in Conway, AR 72032?

What is the average rent price in Conway, AR 72032?