Mayflower, AR72106

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$208,000
2.1% YoY Growth
Median Household Income
$59,400
5.8% 5-Year Growth
Days on Market
55
1.0% Longer than last year
Home Price Forecast
1.1%
Median Rent
$695
0.0% YoY Growth
1-Bed Rent
$595
0.0% YoY Growth
2-Bed Rent
$695
5.7% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Mayflower, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in Mayflower, AR is 55. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$353,00016.0%
Listing Count
3225.0%
Listings as % of Homes0.5%25.0%
Days on Market
551.0%
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Demographics — Mayflower, AR

As of the latest ACS Survey released in 2023, Mayflower, AR has a population of 5,720, which has increased by 1.3% over the past 5 years. Mayflower, AR is a moderately popular place for families, as children make up 16.3% of the population. The area has a poorly educated workforce, with 24.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,7201.3%
% Under 18
16.3%-37.5%
% Seniors
23.0%41.1%
% WFH
3.8%46.2%
% w/ College Degree
24.5%26.3%
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As of the latest ACS Survey released in 2023, Mayflower, AR is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Mayflower, AR is black, making up 5.8% of the population. Foreign-born residents account for 5.5% of the population in Mayflower, AR, and this percentage has increased by 2650.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
85.7%-3.2%
% Black
5.8%205.3%
% Hispanic
1.3%-70.5%
% Asian
0.4%300.0%
% Foreign Born
5.5%2,650.0%
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Mortgage and Risk — Mayflower, AR

According to HUD data as of 2023, there were 106 mortgage originations in Mayflower, AR, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Mayflower, AR. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
106
% Conventional Loans
69.0%
% Government Loans
31.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Mayflower, AR

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

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
0.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$265$595$860
2 Bedroom$295$695$990
3 BedroomN/AN/A$1,310
4 Bedroom-$400$1,950$1,550

Affordability — Mayflower, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$208,000
Median Household Income$59,400

Mayflower, AR — ZIP Code Boundary Map

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Frequently Asked Questions