Redfield, AR72132

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$182,000
3.1% YoY Growth
Median Household Income
$67,100
24.7% 5-Year Growth
Days on Market
57
8.0% Shorter than last year
Home Price Forecast
-1.4%
Median Rent
$1,200
41.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
N/A
3-Bed Rent
N/A
N/A

Property Listings — Redfield, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in Redfield, AR is 57. This is a decrease of -8.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$242,00021.0%
Listing Count
1189.0%
Listings as % of Homes0.4%89.0%
Days on Market
57-8.0%
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Demographics — Redfield, AR

As of the latest ACS Survey released in 2023, Redfield, AR has a population of 3,380, which has decreased by -7.5% over the past 5 years. Redfield, AR is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,380-7.5%
% Under 18
25.4%-9.6%
% Seniors
16.6%69.4%
% WFH
7.9%172.4%
% w/ College Degree
14.8%8.0%
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As of the latest ACS Survey released in 2023, Redfield, AR is a predominantly white area, with 86.9% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Redfield, AR is black, making up 6.0% of the population. Foreign-born residents account for 2.4% of the population in Redfield, AR, and this percentage has increased by 60.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.9%-5.1%
% Black
6.0%33.3%
% Hispanic
0.7%-66.7%
% Asian
2.5%212.5%
% Foreign Born
2.4%60.0%
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Mortgage and Risk — Redfield, AR

According to HUD data as of 2023, there were 45 mortgage originations in Redfield, AR, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Redfield, AR. Investor activity is low, as 7.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
45
% Conventional Loans
58.0%
% Government Loans
42.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Redfield, AR

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

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
3
% Rentals under Section 8
3.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$910
2 Bedroom-$40$1,200$1,160
3 BedroomN/AN/A$1,510
4 BedroomN/AN/A$1,570

Affordability — Redfield, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$182,000
Median Household Income$67,100

Redfield, AR — ZIP Code Boundary Map

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Frequently Asked Questions