Banner, AR—72523
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Banner, AR
Banner, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Banner, AR
Banner, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $850 | $850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Banner, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Banner, AR is 327. This is a increase of 875.0% 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 | $1,200,000 | 589.0% |
Listing Count | 2 | 33.0% |
| Listings as % of Homes | N/A | 33.0% |
Days on Market | 327 | 875.0% |
Demographics — Banner, AR
As of the latest ACS Survey released in 2023, Banner, AR has a population of 793, which has decreased by -33.1% over the past 5 years. Banner, AR is a less popular place for families, as children make up 8.7% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 793 | -33.1% |
% Under 18 | 8.7% | -59.0% |
% Seniors | 27.9% | 111.4% |
% WFH | 0.0% | N/A |
% w/ College Degree | 12.1% | 17.5% |
Banner, AR lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.3% | -2.8% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 2.0% | ∞% |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Banner, AR
According to HUD data as of 2023, there were 60 mortgage originations in Banner, AR, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Banner, AR. Investor activity is low, as 10.0% 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 | 60 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 10.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Banner, AR
Banner, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $650 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | $220 | $850 | $1,070 |
| 4 Bedroom | N/A | N/A | $1,120 |
Affordability — Banner, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $57,500 |