Patoka, AR72376

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$524,000
N/A
Median Household Income
$44,000
9.6% 5-Year Growth
Days on Market
22
263.0% Longer than last year
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

Property Listings — Patoka, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in Patoka, AR is 22. This is a increase of 263.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$524,000-33.0%
Listing Count
686.0%
Listings as % of HomesN/A86.0%
Days on Market
22263.0%
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Demographics — Patoka, AR

As of the latest ACS Survey released in 2023, Patoka, AR has a population of 1,590, which has decreased by -9.2% over the past 5 years. Patoka, AR is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,590-9.2%
% Under 18
19.9%59.2%
% Seniors
32.5%61.7%
% WFH
8.5%347.4%
% w/ College Degree
15.4%-4.3%
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As of the latest ACS Survey released in 2023, Patoka, AR is a predominantly white area, with 69.8% of the population identifying as white. The white population has grown by 24.9% in the last 5 years. The second most common race or ethnicity in Patoka, AR is black, making up 28.2% of the population. Foreign-born residents account for 0.1% of the population in Patoka, AR, and this percentage has decreased by 95.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
69.8%24.9%
% Black
28.2%-21.9%
% Hispanic
0.1%∞%
% Asian
0.0%-100.0%
% Foreign Born
0.1%-95.7%
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Mortgage and Risk — Patoka, AR

According to HUD data as of 2023, there were 7 mortgage originations in Patoka, AR, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 93.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Patoka, AR. Investor activity is low, as 14.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
7
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
14.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Patoka, AR

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

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,040
2 BedroomN/AN/A$1,170
3 BedroomN/AN/A$1,540
4 BedroomN/AN/A$1,800

Affordability — Patoka, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$44,000

Patoka, AR — ZIP Code Boundary Map

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Frequently Asked Questions