Trumann, AR—72472
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Trumann, AR
As of Oct '25, the median home price in Trumann, AR is $131,000, with a year-over-year change of -3.7%. This indicates that home prices in Trumann, 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 | $131,000 | -3.7% |
| Single Family | $131,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $97,000 | -2.0% |
3 Bed | $163,000 | 1.9% |
4 Bed | $249,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Trumann, AR
As of July '25, Rentcast reports the average rent in Trumann, AR is $1,040, with a year-over-year rent change of -10.3%. Per bedroom, the median rent as of July '25 in Trumann, AR is 2-bedrooms: $744, 3-bedrooms: $1,220, 4-bedrooms: $1,200. The most common rental property sizes in Trumann, AR are 2-bedroom and 3-bedroom, accounting for 42.8% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $625 | $744 |
| 3 Bed Rent | $1,200 | $1,220 |
| 4 Bed Rent | $1,200 | $1,200 |
% of Rental Stock
Property Listings — Trumann, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Trumann, AR is 81. This is a increase of 30.0% 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 | $210,000 | 27.0% |
Listing Count | 48 | 0.0% |
| Listings as % of Homes | 0.8% | 0.0% |
Days on Market | 81 | 30.0% |
Demographics — Trumann, AR
As of the latest ACS Survey released in 2023, Trumann, AR has a population of 8,870, which has decreased by -2.5% over the past 5 years. Trumann, AR is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 11.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,870 | -2.5% |
% Under 18 | 24.8% | -3.1% |
% Seniors | 16.7% | 0.0% |
% WFH | 4.9% | 81.5% |
% w/ College Degree | 11.5% | -4.2% |
As of the latest ACS Survey released in 2023, Trumann, AR is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Trumann, AR is black, making up 6.7% of the population. Foreign-born residents account for 0.6% of the population in Trumann, AR, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.1% | -1.7% |
% Black | 6.7% | 39.6% |
% Hispanic | 2.8% | -17.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | 0.0% |
Mortgage and Risk — Trumann, AR
According to HUD data as of 2023, there were 142 mortgage originations in Trumann, AR, of which 49.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Trumann, AR. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 142 |
% Conventional Loans | 49.0% |
% Government Loans | 51.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Trumann, AR
Trumann, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 538 |
Total Units Section 8 | 177 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 99.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | $305 | $625 | $930 |
| 3 Bedroom | $30 | $1,200 | $1,230 |
| 4 Bedroom | $210 | $1,200 | $1,410 |
Affordability — Trumann, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $131,000 |
| Median Household Income | $39,500 |