Green Forest, AR—72638
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Green Forest, AR
Green Forest, AR lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 1.9% |
| Single Family | $210,000 | 1.4% |
| 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 | $210,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Green Forest, AR
As of July '25, Rentcast reports the average rent in Green Forest, AR is $895, with a year-over-year rent change of 17.8%. Per bedroom, the median rent as of July '25 in Green Forest, AR is 1-bedrooms: $895. The most common rental property sizes in Green Forest, AR are 3-bedroom and 2-bedroom, accounting for 39.7% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $870 | $895 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $870 | $895 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Green Forest, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Green Forest, AR is 76. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter 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 | $289,000 | -18.0% |
Listing Count | 17 | -7.0% |
| Listings as % of Homes | 0.7% | -7.0% |
Days on Market | 76 | -11.0% |
Demographics — Green Forest, AR
As of the latest ACS Survey released in 2023, Green Forest, AR has a population of 7,070, which has decreased by -1.9% over the past 5 years. Green Forest, AR is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,070 | -1.9% |
% Under 18 | 26.5% | 10.9% |
% Seniors | 13.2% | -24.1% |
% WFH | 8.3% | 118.4% |
% w/ College Degree | 16.9% | 19.0% |
As of the latest ACS Survey released in 2023, Green Forest, AR is a predominantly white area, with 54.2% of the population identifying as white. The white population has shrunk by 24.7% in the last 5 years. The second most common race or ethnicity in Green Forest, AR is hispanic, making up 29.7% of the population. Foreign-born residents account for 17.1% of the population in Green Forest, AR, and this percentage has increased by 56.9% 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 | 54.2% | -24.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 29.7% | 30.3% |
% Asian | 3.5% | 337.5% |
% Foreign Born | 17.1% | 56.9% |
Mortgage and Risk — Green Forest, AR
According to HUD data as of 2023, there were 129 mortgage originations in Green Forest, AR, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Green Forest, AR. Investor activity is high, as 16.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 129 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 16.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Green Forest, AR
Green Forest, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 48 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$180 | $870 | $690 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,070 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Green Forest, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $210,000 |
| Median Household Income | $65,900 |