Manila, AR—72442
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manila, AR
As of Oct '25, the median home price in Manila, AR is $199,000, with a year-over-year change of 6.2%. This indicates that home prices in Manila, AR are increasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 6.2% |
| Single Family | $199,000 | 5.3% |
| 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 | $228,000 | 3.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Manila, AR
Manila, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Manila, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Manila, AR is 66. This is a increase of 45.0% 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 | $289,000 | 22.0% |
Listing Count | 42 | 67.0% |
| Listings as % of Homes | 1.1% | 67.0% |
Days on Market | 66 | 45.0% |
Demographics — Manila, AR
As of the latest ACS Survey released in 2023, Manila, AR has a population of 4,640, which has increased by 6.6% over the past 5 years. Manila, AR is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,640 | 6.6% |
% Under 18 | 27.8% | 22.5% |
% Seniors | 14.2% | -11.8% |
% WFH | 5.7% | ∞% |
% w/ College Degree | 10.5% | -16.7% |
As of the latest ACS Survey released in 2023, Manila, AR is a predominantly white area, with 96.4% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Manila, AR is black, making up 0.4% of the population. Foreign-born residents account for 1.1% of the population in Manila, 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 | 96.4% | -2.6% |
% Black | 0.4% | 33.3% |
% Hispanic | 0.3% | 50.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.1% | ∞% |
Mortgage and Risk — Manila, AR
According to HUD data as of 2023, there were 83 mortgage originations in Manila, AR, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Manila, AR. Investor activity is low, as 10.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Manila, AR
Manila, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 89 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
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 | $850 |
| 3 Bedroom | -$180 | $1,300 | $1,120 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Manila, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $199,000 |
| Median Household Income | $65,100 |