Lexa, AR—72355
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lexa, AR
As of Oct '25, the median home price in Lexa, AR is $104,000, with a year-over-year change of -3.9%. This indicates that home prices in Lexa, AR are decreasing. According to Zillow, the 1-year price projection is -8.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $104,000 | -3.9% |
| Single Family | $104,000 | -4.6% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lexa, AR
Lexa, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $800 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lexa, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Lexa, AR is 264. This is a increase of 316.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $65,000 | 55.0% |
Listing Count | 1 | -50.0% |
| Listings as % of Homes | 0.6% | -50.0% |
Days on Market | 264 | 316.0% |
Demographics — Lexa, AR
As of the latest ACS Survey released in 2023, Lexa, AR has a population of 1,940, which has decreased by -15.3% over the past 5 years. Lexa, AR is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,940 | -15.3% |
% Under 18 | 25.8% | 17.3% |
% Seniors | 28.3% | 4.4% |
% WFH | 14.6% | 668.4% |
% w/ College Degree | 18.8% | 8.7% |
As of the latest ACS Survey released in 2023, Lexa, AR is a predominantly black area, with 54.3% of the population identifying as black. The black population has grown by 15.0% in the last 5 years. The second most common race or ethnicity in Lexa, AR is white, making up 42.0% of the population. Foreign-born residents account for 0.1% of the population in Lexa, AR, and this percentage has decreased by 75.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.0% | -18.6% |
% Black | 54.3% | 15.0% |
% Hispanic | 2.6% | 420.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -75.0% |
Mortgage and Risk — Lexa, AR
According to HUD data as of 2023, there were 17 mortgage originations in Lexa, AR, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Lexa, AR. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 17 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Lexa, AR
Lexa, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | $160 | $800 | $960 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Lexa, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $104,000 |
| Median Household Income | $53,000 |