Ward, AR—72176
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ward, AR
As of Oct '25, the median home price in Ward, AR is $206,000, with a year-over-year change of 1.7%. This indicates that home prices in Ward, AR are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | 1.7% |
| Single Family | $206,000 | 1.5% |
| 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 | $200,000 | 2.0% |
4 Bed | $229,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ward, AR
As of July '25, Rentcast reports the average rent in Ward, AR is $1,420, with a year-over-year rent change of 18.3%. Per bedroom, the median rent as of July '25 in Ward, AR is 1-bedrooms: $675, 2-bedrooms: $850, 3-bedrooms: $1,300, 4-bedrooms: $1,730. The most common rental property sizes in Ward, AR are 3-bedroom and 2-bedroom, accounting for 53.9% and 33.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $675 |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | $1,250 | $1,300 |
| 4 Bed Rent | $1,600 | $1,730 |
% of Rental Stock
Property Listings — Ward, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Ward, AR is 37. This is a decrease of -33.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $223,000 | 0.0% |
Listing Count | 57 | -16.0% |
| Listings as % of Homes | 0.7% | -16.0% |
Days on Market | 37 | -33.0% |
Demographics — Ward, AR
As of the latest ACS Survey released in 2023, Ward, AR has a population of 8,900, which has decreased by -9.3% over the past 5 years. Ward, AR is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,900 | -9.3% |
% Under 18 | 28.6% | -1.7% |
% Seniors | 9.3% | -3.1% |
% WFH | 10.2% | 363.6% |
% w/ College Degree | 17.9% | 39.8% |
As of the latest ACS Survey released in 2023, Ward, AR is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Ward, AR is hispanic, making up 5.8% of the population. Foreign-born residents account for 2.4% of the population in Ward, AR, and this percentage has increased by 242.9% 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 | 84.7% | -6.8% |
% Black | 2.1% | -47.5% |
% Hispanic | 5.8% | 141.7% |
% Asian | 1.4% | 100.0% |
% Foreign Born | 2.4% | 242.9% |
Mortgage and Risk — Ward, AR
According to HUD data as of 2023, there were 232 mortgage originations in Ward, AR, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Ward, AR. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 232 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Ward, AR
As of 2024, the percent of homes in Ward, AR under the Section 8 program is 10.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ward, AR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 89 |
Total Units Section 8 | 73 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $675 | $890 |
| 2 Bedroom | $180 | $850 | $1,030 |
| 3 Bedroom | $120 | $1,250 | $1,370 |
| 4 Bedroom | $20 | $1,600 | $1,620 |
Affordability — Ward, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $206,000 |
| Median Household Income | $77,500 |