Erwin, AR—72112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Erwin, AR
Erwin, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $90,000 | -3.7% |
| Single Family | $90,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $121,000 | 1.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Erwin, AR
As of July '25, Rentcast reports the average rent in Erwin, AR is $687, with a year-over-year rent change of 58.3%. Per bedroom, the median rent as of July '25 in Erwin, AR is 1-bedrooms: $650, 2-bedrooms: $812, 4-bedrooms: $299. The most common rental property sizes in Erwin, AR are 2-bedroom and 3-bedroom, accounting for 43.7% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $687 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $650 |
| 2 Bed Rent | $850 | $812 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $299 | $299 |
% of Rental Stock
Property Listings — Erwin, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Erwin, AR is 40. This is a decrease of -35.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $129,000 | 12.0% |
Listing Count | 33 | 27.0% |
| Listings as % of Homes | 0.6% | 27.0% |
Days on Market | 40 | -35.0% |
Demographics — Erwin, AR
As of the latest ACS Survey released in 2023, Erwin, AR has a population of 11,100, which has increased by 1.1% over the past 5 years. Erwin, AR is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,100 | 1.1% |
% Under 18 | 18.8% | 6.8% |
% Seniors | 17.0% | 4.3% |
% WFH | 2.9% | -60.3% |
% w/ College Degree | 12.4% | 22.8% |
As of the latest ACS Survey released in 2023, Erwin, AR is a predominantly white area, with 66.5% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Erwin, AR is black, making up 21.6% of the population. Foreign-born residents account for 1.4% of the population in Erwin, AR, and this percentage has increased by 133.3% 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 | 66.5% | -7.0% |
% Black | 21.6% | 16.1% |
% Hispanic | 4.1% | 32.3% |
% Asian | 0.5% | 400.0% |
% Foreign Born | 1.4% | 133.3% |
Mortgage and Risk — Erwin, AR
According to HUD data as of 2023, there were 79 mortgage originations in Erwin, AR, of which 44.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Erwin, AR. Investor activity is low, as 5.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 44.0% |
% Government Loans | 56.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Erwin, AR
Erwin, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 656 |
Total Units Section 8 | 389 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $650 | $660 |
| 2 Bedroom | $10 | $850 | $860 |
| 3 Bedroom | N/A | N/A | $1,040 |
| 4 Bedroom | $841 | $299 | $1,140 |
Affordability — Erwin, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $90,000 |
| Median Household Income | $36,600 |