Harrisburg, AR—72432
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harrisburg, AR
As of Oct '25, the median home price in Harrisburg, AR is $146,000, with a year-over-year change of -7.9%. This indicates that home prices in Harrisburg, AR are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $146,000 | -7.9% |
| Single Family | $147,000 | -7.5% |
| 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 | $171,000 | -1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harrisburg, AR
Harrisburg, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Harrisburg, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Harrisburg, AR is 72. This is a increase of 34.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | 36.0% |
Listing Count | 24 | 18.0% |
| Listings as % of Homes | 0.8% | 18.0% |
Days on Market | 72 | 34.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% | ∞% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,220 |
Affordability — Harrisburg, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $146,000 |
| Median Household Income | $57,700 |