Ballard, AR 72513 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ballard, AR—72513

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$178,000

1.1% YoY Growth

Household Income

$38,100

17.8% YoY Growth

Days on Market

101

17.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$950

5.6% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$950

5.6% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Ballard, AR

Ballard, AR lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$178,000	-1.1%
Single Family	$178,000	-1.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Ballard, AR

As of July '25, Rentcast reports the average rent in Ballard, AR is $950, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Ballard, AR is 2-bedrooms: $950. The most common rental property sizes in Ballard, AR are 2-bedroom and 3-bedroom, accounting for 40.2% and 25.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$950	$950
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$950	$950
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.6%

1 Bedroom

25.0%

2 Bedrooms

40.2%

3 Bedrooms

25.4%

4 Bedrooms

5.8%

Property Listings — Ballard, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Ballard, AR is 78. This is a increase of 24.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$210,000	-18.0%
Listing Count	17	24.0%
Listings as % of Homes	1.6%	24.0%
Days on Market	101	17.0%

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Demographics — Ballard, AR

As of the latest ACS Survey released in 2023, Ballard, AR has a population of 2,860, which has decreased by -1.1% over the past 5 years. Ballard, AR is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,860	-1.1%
% Under 18	18.3%	-6.6%
% Seniors	27.3%	12.3%
% WFH	15.8%	∞%
% w/ College Degree	12.7%	18.7%

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As of the latest ACS Survey released in 2023, Ballard, AR is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Ballard, AR is hispanic, making up 2.0% of the population. Foreign-born residents account for 0.8% of the population in Ballard, AR, and this percentage has increased by 14.3% 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	93.5%	-1.5%
% Black	1.1%	57.1%
% Hispanic	2.0%	25.0%
% Asian	0.0%	N/A
% Foreign Born	0.8%	14.3%

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Mortgage and Risk — Ballard, AR

According to HUD data as of 2023, there were 102 mortgage originations in Ballard, AR, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Ballard, AR. Investor activity is low, as 3.0% 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	102
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	3.0%
% Second Loans	6.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Ballard, AR

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

Section 8 Market Size

Total Units under HUD	63
Total Units Section 8	53
% Rentals under Section 8	N/A
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$690
2 Bedroom	-$50	$950	$900
3 Bedroom	N/A	N/A	$1,180
4 Bedroom	N/A	N/A	$1,410

Ballard, AR—72513

Key Metrics at a Glance

Home Price Trends — Ballard, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ballard, AR

% of Rental Stock

Property Listings — Ballard, AR

Demographics — Ballard, AR

Race and Ethnicity

Mortgage and Risk — Ballard, AR

Mortgages

Rentals and Section 8 — Ballard, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Ballard, AR

Home Price to Income Ratio

Ballard, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Evening Shade, AR

Hardy, AR

Poughkeepsie, AR

Williford, AR

Cave City, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$178,000
Median Household Income	$38,100

Ballard, AR—72513

Key Metrics at a Glance

Home Price Trends — Ballard, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ballard, AR

% of Rental Stock

Property Listings — Ballard, AR

Demographics — Ballard, AR

Race and Ethnicity

Mortgage and Risk — Ballard, AR

Mortgages

Rentals and Section 8 — Ballard, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Ballard, AR

Home Price to Income Ratio

Ballard, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Evening Shade, AR

Hardy, AR

Poughkeepsie, AR

Williford, AR

Cave City, AR

Frequently Asked Questions

What is the average home price in Ballard, AR 72513?

How have home prices in Ballard, AR 72513 changed over the past year?

What is the home price projection for Ballard, AR 72513?

What are the demographics of Ballard, AR 72513?

How long does it take homes to sell in Ballard, AR 72513?

What is the average rent price in Ballard, AR 72513?