McRae, AR72102

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$174,000
2.9% YoY Growth
Median Household Income
$57,800
11.5% 5-Year Growth
Days on Market
32
56.0% Shorter than last year
Home Price Forecast
1.7%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — McRae, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in McRae, AR is 32. This is a decrease of -56.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$379,000247.0%
Listing Count
1-76.0%
Listings as % of Homes0.1%-76.0%
Days on Market
32-56.0%
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Demographics — McRae, AR

As of the latest ACS Survey released in 2023, McRae, AR has a population of 2,510, which has decreased by -25.8% over the past 5 years. McRae, AR is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,510-25.8%
% Under 18
18.3%-37.8%
% Seniors
20.0%53.8%
% WFH
3.6%89.5%
% w/ College Degree
16.3%20.7%
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As of the latest ACS Survey released in 2023, McRae, AR is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in McRae, AR is hispanic, making up 8.3% of the population. Foreign-born residents account for 1.8% of the population in McRae, AR, and this percentage has increased by 80.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
84.7%-12.7%
% Black
2.6%225.0%
% Hispanic
8.3%937.5%
% Asian
0.2%100.0%
% Foreign Born
1.8%80.0%
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Mortgage and Risk — McRae, AR

According to HUD data as of 2023, there were 66 mortgage originations in McRae, AR, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in McRae, AR. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
66
% Conventional Loans
64.0%
% Government Loans
36.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — McRae, AR

McRae, AR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
42
Total Units Section 8
6
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$700
2 BedroomN/AN/A$850
3 BedroomN/AN/A$1,100
4 BedroomN/AN/A$1,170

Affordability — McRae, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$174,000
Median Household Income$57,800

McRae, AR — ZIP Code Boundary Map

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Frequently Asked Questions