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Harrisburg, AR—72432

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$156,000
2.3% YoY Growth
Household Income
$57,700
40.6% YoY Growth
Days on Market
91
41.0% Longer YoY
Home Price Forecast
1.0%
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 — Harrisburg, AR

As of May '26, the median home price in Harrisburg, AR is $156,000, with a year-over-year change of 2.3%. This indicates that home prices in Harrisburg, AR are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$156,0002.3%
Single Family $156,0004.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    $182,0005.2%
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    6.4%
    2 Bedrooms
    29.2%
    3 Bedrooms
    52.9%
    4 Bedrooms
    10.1%
    5+ Bedrooms
    1.4%

    Rental Trends — Harrisburg, AR

    Harrisburg, 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

    1 Bedroom
    18.3%
    2 Bedrooms
    38.3%
    3 Bedrooms
    40.4%
    4 Bedrooms
    3.0%

    Property Listings — Harrisburg, AR

    As of May '26, Realtor.com reports that the median days on market for a home in Harrisburg, AR is 91. This is a increase of 41.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $199,000-10.0%
    Listing Count
    2212.0%
    Listings as % of Homes0.8%12.0%
    Days on Market
    9141.0%
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    Demographics — Harrisburg, AR

    As of the latest ACS Survey released in 2023, Harrisburg, AR has a population of 6,540, which has decreased by -2.3% over the past 5 years. Harrisburg, AR is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 8.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    6,540-2.3%
    % Under 18
    25.5%12.3%
    % Seniors
    18.1%-7.7%
    % WFH
    0.1%-99.1%
    % w/ College Degree
    8.7%-1.1%
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    As of the latest ACS Survey released in 2023, Harrisburg, AR is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Harrisburg, AR is hispanic, making up 3.4% of the population. Foreign-born residents account for 1.1% of the population in Harrisburg, AR, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    90.9%-0.9%
    % Black
    3.3%450.0%
    % Hispanic
    3.4%88.9%
    % Asian
    0.0%N/A
    % Foreign Born
    1.1%∞%
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    Mortgage and Risk — Harrisburg, AR

    According to HUD data as of 2023, there were 91 mortgage originations in Harrisburg, AR, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, AR. Investor activity is low, as 9.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    91
    % Conventional Loans
    59.0%
    % Government Loans
    41.0%
    % Investor Loans
    9.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    4.0%
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    Rentals and Section 8 — Harrisburg, AR

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

    Section 8 Market Size

    Total Units under HUD
    121
    Total Units Section 8
    77
    % Rentals under Section 8
    10.3%
    % Occupied Section 8
    92.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$700
    2 BedroomN/AN/A$920
    3 BedroomN/AN/A$1,220
    4 BedroomN/AN/A$1,220

    Affordability — Harrisburg, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.5
    Median Home Price$156,000
    Median Household Income$57,700

    Harrisburg, AR — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Cherry Valley, AR

    72324

    Trumann, AR

    72472

    Weiner, AR

    72479

    Brushey Lake, AR

    72429

    Jonesboro, AR

    72404

    Frequently Asked Questions