Gassville, AR—72635
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gassville, AR
As of Oct '25, the median home price in Gassville, AR is $188,000, with a year-over-year change of 1.8%. This indicates that home prices in Gassville, AR are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 1.9% |
| Single Family | $188,000 | 2.7% |
| 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 — Gassville, AR
Gassville, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,250 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gassville, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Gassville, AR is 48. This is a increase of 18.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $212,000 | 10.0% |
Listing Count | 18 | 2.0% |
| Listings as % of Homes | 0.6% | 2.0% |
Days on Market | 48 | 18.0% |
Demographics — Gassville, AR
As of the latest ACS Survey released in 2023, Gassville, AR has a population of 3,640, which has decreased by -7.2% over the past 5 years. Gassville, AR is a popular place for families, as children make up 26.0% of the population. The area has a poorly educated workforce, with 12.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,640 | -7.2% |
% Under 18 | 26.0% | 2.4% |
% Seniors | 21.4% | 29.7% |
% WFH | 3.9% | ∞% |
% w/ College Degree | 12.6% | -8.7% |
As of the latest ACS Survey released in 2023, Gassville, AR is a predominantly white area, with 92.3% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Gassville, AR is hispanic, making up 2.1% of the population. Foreign-born residents account for 2.2% of the population in Gassville, AR, and this percentage has increased by 57.1% 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 | 92.3% | -3.7% |
% Black | 0.6% | -14.3% |
% Hispanic | 2.1% | 250.0% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 2.2% | 57.1% |
Mortgage and Risk — Gassville, AR
According to HUD data as of 2023, there were 79 mortgage originations in Gassville, AR, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Gassville, AR. Investor activity is low, as 4.0% 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 | 79 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 4.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Gassville, AR
Gassville, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 64 |
Total Units Section 8 | 61 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | -$30 | $1,250 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Gassville, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $188,000 |
| Median Household Income | $48,300 |