Pace, AR—72370
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pace, AR
Pace, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Pace, AR
As of July '25, Rentcast reports the average rent in Pace, AR is $1,070, with a year-over-year rent change of -14.4%. Per bedroom, the median rent as of July '25 in Pace, AR is studios: $550, 2-bedrooms: $1,050, 3-bedrooms: $1,400, 4-bedrooms: $1,300. The most common rental property sizes in Pace, AR are 3-bedroom and 2-bedroom, accounting for 47.4% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,070 |
| Studio Rent | $550 | $550 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $1,050 |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | $1,300 | $1,300 |
% of Rental Stock
Property Listings — Pace, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Pace, AR is 106. This is a increase of 19.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $120,000 | -45.0% |
Listing Count | 28 | -6.0% |
| Listings as % of Homes | N/A | -6.0% |
Days on Market | 106 | 19.0% |
Demographics — Pace, AR
As of the latest ACS Survey released in 2023, Pace, AR has a population of 7,280, which has decreased by -6.0% over the past 5 years. Pace, AR is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 9.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,280 | -6.0% |
% Under 18 | 24.9% | -12.9% |
% Seniors | 13.6% | -13.9% |
% WFH | 2.9% | 163.6% |
% w/ College Degree | 9.0% | -2.2% |
As of the latest ACS Survey released in 2023, Pace, AR is a predominantly black area, with 53.0% of the population identifying as black. The black population has grown by 6.0% in the last 5 years. The second most common race or ethnicity in Pace, AR is white, making up 36.0% of the population. Foreign-born residents account for 1.0% of the population in Pace, AR, and this percentage has decreased by 68.8% 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 | 36.0% | -13.9% |
% Black | 53.0% | 6.0% |
% Hispanic | 5.1% | -25.0% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 1.0% | -68.8% |
Mortgage and Risk — Pace, AR
According to HUD data as of 2023, there were 45 mortgage originations in Pace, AR, of which 38.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Pace, AR. Investor activity is low, as 9.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 38.0% |
% Government Loans | 62.0% |
% Investor Loans | 9.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pace, AR
Pace, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 611 |
Total Units Section 8 | 233 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 69.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | $70 | $850 | $920 |
| 3 Bedroom | -$180 | $1,400 | $1,220 |
| 4 Bedroom | -$80 | $1,300 | $1,220 |
Affordability — Pace, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $41,400 |