Green Forest, AR 72638 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Green Forest, AR—72638

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$212,000

1.7% YoY Growth

Household Income

$65,900

57.1% YoY Growth

Days on Market

84

19.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$870

17.8% YoY Growth

1-Bed Rent

$870

17.8% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

N/A

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	$212,000	1.7%
Single Family	$212,000	1.9%
Condos	N/A	N/A

Cost per Home Size

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

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

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% of Rental Stock

Studio

12.8%

1 Bedroom

11.1%

2 Bedrooms

34.2%

3 Bedrooms

39.7%

4 Bedrooms

2.1%

Property Listings — Green Forest, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Green Forest, AR is 67. This is a decrease of -17.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$319,000	-32.0%
Listing Count	19	2.0%
Listings as % of Homes	0.7%	2.0%
Days on Market	84	-19.0%

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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%

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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%

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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%

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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

Green Forest, AR—72638

Key Metrics at a Glance

Home Price Trends — Green Forest, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Green Forest, AR

% of Rental Stock

Property Listings — Green Forest, AR

Demographics — Green Forest, AR

Race and Ethnicity

Mortgage and Risk — Green Forest, AR

Mortgages

Rentals and Section 8 — Green Forest, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Green Forest, AR

Home Price to Income Ratio

Green Forest, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Alpena, AR

Blue Eye, MO

Lampe, MO

Ridgedale, MO

Omaha, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$212,000
Median Household Income	$65,900

Green Forest, AR—72638

Key Metrics at a Glance

Home Price Trends — Green Forest, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Green Forest, AR

% of Rental Stock

Property Listings — Green Forest, AR

Demographics — Green Forest, AR

Race and Ethnicity

Mortgage and Risk — Green Forest, AR

Mortgages

Rentals and Section 8 — Green Forest, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Green Forest, AR

Home Price to Income Ratio

Green Forest, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Alpena, AR

Blue Eye, MO

Lampe, MO

Ridgedale, MO

Omaha, AR

Frequently Asked Questions

What is the average home price in Green Forest, AR 72638?

How have home prices in Green Forest, AR 72638 changed over the past year?

What is the home price projection for Green Forest, AR 72638?

What are the demographics of Green Forest, AR 72638?

How long does it take homes to sell in Green Forest, AR 72638?

What is the average rent price in Green Forest, AR 72638?