Ballard, AR—72513
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | -0.9% |
| 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 |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Ballard, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Ballard, AR is 60. This is a increase of 22.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $210,000 | -22.0% |
Listing Count | 17 | -3.0% |
| Listings as % of Homes | 1.6% | -3.0% |
Days on Market | 60 | 22.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Ballard, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $178,000 |
| Median Household Income | $38,100 |