Quitman, AR—72131
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Quitman, AR
Quitman, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 2.1% |
| Single Family | $242,000 | 2.1% |
| 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 | $254,000 | 3.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Quitman, AR
As of July '25, Rentcast reports the average rent in Quitman, AR is $1,200, with a year-over-year rent change of 14.3%. Per bedroom, the median rent as of July '25 in Quitman, AR is 3-bedrooms: $1,200. The most common rental property sizes in Quitman, AR are 3-bedroom and 2-bedroom, accounting for 47.2% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,100 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Quitman, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Quitman, AR is 96. This is a decrease of -19.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | -7.0% |
Listing Count | 31 | 24.0% |
| Listings as % of Homes | 0.4% | 24.0% |
Days on Market | 96 | -19.0% |
Demographics — Quitman, AR
As of the latest ACS Survey released in 2023, Quitman, AR has a population of 4,100, which has decreased by -13.5% over the past 5 years. Quitman, AR is a moderately popular place for families, as children make up 15.0% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,100 | -13.5% |
% Under 18 | 15.0% | -21.1% |
% Seniors | 34.6% | 41.2% |
% WFH | 6.4% | 190.9% |
% w/ College Degree | 18.7% | 38.5% |
As of the latest ACS Survey released in 2023, Quitman, AR is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Quitman, AR is hispanic, making up 3.2% of the population. Foreign-born residents account for 0.5% of the population in Quitman, AR, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.3% | -6.2% |
% Black | 0.4% | -55.6% |
% Hispanic | 3.2% | ∞% |
% Asian | 0.1% | 0.0% |
% Foreign Born | 0.5% | 0.0% |
Mortgage and Risk — Quitman, AR
According to HUD data as of 2023, there were 65 mortgage originations in Quitman, AR, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Quitman, AR. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 5.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Quitman, AR
Quitman, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | $210 | $1,100 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Quitman, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $243,000 |
| Median Household Income | $41,800 |