Paragould, AR 72450 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Paragould, AR—72450

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$187,000

0.5% YoY Growth

Household Income

$56,400

19.8% YoY Growth

Days on Market

23.0% Shorter YoY

Home Price Forecast

0.9%

Median Rent

$925

10.9% YoY Growth

1-Bed Rent

$695

15.3% YoY Growth

2-Bed Rent

$825

8.6% YoY Growth

3-Bed Rent

$1,320

1.5% YoY Growth

Home Price Trends — Paragould, AR

As of Dec '25, the median home price in Paragould, AR is $187,000, with a year-over-year change of 0.5%. This indicates that home prices in Paragould, AR are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$187,000	0.5%
Single Family	$187,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Paragould, AR

As of July '25, Rentcast reports the average rent in Paragould, AR is $1,060, with a year-over-year rent change of 10.9%. Per bedroom, the median rent as of July '25 in Paragould, AR is 1-bedrooms: $707, 2-bedrooms: $847, 3-bedrooms: $1,340, 4-bedrooms: $1,590. The most common rental property sizes in Paragould, AR are 2-bedroom and 3-bedroom, accounting for 52.6% and 31.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$925	$1,060
Studio Rent	N/A	N/A
1 Bed Rent	$695	$707
2 Bed Rent	$825	$847
3 Bed Rent	$1,320	$1,340
4 Bed Rent	$1,590	$1,590

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% of Rental Stock

Studio

1.1%

1 Bedroom

7.9%

2 Bedrooms

52.6%

3 Bedrooms

31.9%

4 Bedrooms

5.9%

5+ Bedrooms

0.6%

Property Listings — Paragould, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Paragould, AR is 50. This is a increase of 2.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$228,000	-6.0%
Listing Count	189	-3.0%
Listings as % of Homes	0.7%	-3.0%
Days on Market	56	-23.0%

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Demographics — Paragould, AR

As of the latest ACS Survey released in 2023, Paragould, AR has a population of 40,500, which has increased by 4.6% over the past 5 years. Paragould, AR is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 16.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	40,500	4.6%
% Under 18	23.9%	-3.2%
% Seniors	15.9%	1.9%
% WFH	3.5%	84.2%
% w/ College Degree	16.6%	-1.2%

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As of the latest ACS Survey released in 2023, Paragould, AR is a predominantly white area, with 88.6% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Paragould, AR is hispanic, making up 4.1% of the population. Foreign-born residents account for 0.9% of the population in Paragould, AR, and this percentage has increased by 12.5% 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	88.6%	-4.8%
% Black	2.5%	31.6%
% Hispanic	4.1%	51.9%
% Asian	0.4%	33.3%
% Foreign Born	0.9%	12.5%

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Mortgage and Risk — Paragould, AR

According to HUD data as of 2023, there were 750 mortgage originations in Paragould, AR, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Paragould, AR. Investor activity is low, as 9.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	750
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	9.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Paragould, AR

As of 2024, the percent of homes in Paragould, AR under the Section 8 program is 12.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Paragould, AR, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	762
Total Units Section 8	726
% Rentals under Section 8	12.9%
% Occupied Section 8	81.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$75	$695	$770
2 Bedroom	$75	$825	$900
3 Bedroom	-$60	$1,320	$1,260
4 Bedroom	-$180	$1,590	$1,410

Paragould, AR—72450

Key Metrics at a Glance

Home Price Trends — Paragould, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Paragould, AR

% of Rental Stock

Property Listings — Paragould, AR

Demographics — Paragould, AR

Race and Ethnicity

Mortgage and Risk — Paragould, AR

Mortgages

Rentals and Section 8 — Paragould, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Paragould, AR

Home Price to Income Ratio

Paragould, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Marmaduke, AR

Lafe, AR

Brookland, AR

Stanford, AR

Buck Donic, MO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$187,000
Median Household Income	$56,400

Paragould, AR—72450

Key Metrics at a Glance

Home Price Trends — Paragould, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Paragould, AR

% of Rental Stock

Property Listings — Paragould, AR

Demographics — Paragould, AR

Race and Ethnicity

Mortgage and Risk — Paragould, AR

Mortgages

Rentals and Section 8 — Paragould, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Paragould, AR

Home Price to Income Ratio

Paragould, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Marmaduke, AR

Lafe, AR

Brookland, AR

Stanford, AR

Buck Donic, MO

Frequently Asked Questions

What is the average home price in Paragould, AR 72450?

How have home prices in Paragould, AR 72450 changed over the past year?

What is the home price projection for Paragould, AR 72450?

What are the demographics of Paragould, AR 72450?

How long does it take homes to sell in Paragould, AR 72450?

What is the average rent price in Paragould, AR 72450?