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Colt, AR—72326

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$127,000
3.2% YoY Growth
Household Income
$46,200
23.2% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Colt, AR

Colt, AR lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$127,0003.2%
Single Family $127,0003.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
  • 2 Bed
    N/A
    N/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.0%
    1 Bedroom
    3.3%
    2 Bedrooms
    23.8%
    3 Bedrooms
    57.4%
    4 Bedrooms
    12.0%
    5+ Bedrooms
    0.6%

    Rental Trends — Colt, AR

    Colt, AR lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    9.4%
    1 Bedroom
    9.1%
    2 Bedrooms
    43.8%
    3 Bedrooms
    32.5%
    4 Bedrooms
    5.3%

    Property Listings — Colt, AR

    Colt, AR lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    N/AN/A
    Listing Count
    N/AN/A
    Listings as % of Homes0.2%N/A
    Days on Market
    N/AN/A
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    Demographics — Colt, AR

    As of the latest ACS Survey released in 2023, Colt, AR has a population of 2,030, which has increased by 26.8% over the past 5 years. Colt, AR is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 12.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    2,03026.8%
    % Under 18
    18.5%156.9%
    % Seniors
    24.6%-4.3%
    % WFH
    4.5%95.7%
    % w/ College Degree
    12.3%-47.7%
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    As of the latest ACS Survey released in 2023, Colt, AR is a predominantly white area, with 66.2% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Colt, AR is black, making up 28.8% of the population. Foreign-born residents account for 0.8% of the population in Colt, AR, and this percentage has increased by 700.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    66.2%-4.1%
    % Black
    28.8%1.1%
    % Hispanic
    2.2%29.4%
    % Asian
    0.2%∞%
    % Foreign Born
    0.8%700.0%
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    Mortgage and Risk — Colt, AR

    According to HUD data as of 2023, there were 13 mortgage originations in Colt, AR, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 90.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Colt, AR. Investor activity is high, as 69.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    13
    % Conventional Loans
    85.0%
    % Government Loans
    15.0%
    % Investor Loans
    69.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    0.0%
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    Rentals and Section 8 — Colt, AR

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

    Section 8 Market Size

    Total Units under HUD
    13
    Total Units Section 8
    12
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$660
    2 BedroomN/AN/A$850
    3 BedroomN/AN/A$1,120
    4 BedroomN/AN/A$1,250

    Affordability — Colt, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$127,000
    Median Household Income$46,200

    Colt, AR — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    72396

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    72372

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    Frequently Asked Questions