Jasper, AR—72641
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jasper, AR
As of Oct '25, the median home price in Jasper, AR is $235,000, with a year-over-year change of -0.9%. This indicates that home prices in Jasper, AR are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | -0.9% |
| Single Family | $235,000 | -1.7% |
| 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 — Jasper, AR
Jasper, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $770 | $770 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $770 | $770 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Jasper, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Jasper, AR is 116. This is a increase of 13.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $374,000 | -22.0% |
Listing Count | 48 | 67.0% |
| Listings as % of Homes | 1.7% | 67.0% |
Days on Market | 116 | 13.0% |
Demographics — Jasper, AR
As of the latest ACS Survey released in 2023, Jasper, AR has a population of 2,060, which has decreased by -29.7% over the past 5 years. Jasper, AR is a moderately popular place for families, as children make up 17.1% of the population. The area has a poorly educated workforce, with 10.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,060 | -29.7% |
% Under 18 | 17.1% | -18.6% |
% Seniors | 25.3% | 0.4% |
% WFH | 13.6% | 138.6% |
% w/ College Degree | 10.2% | -41.0% |
As of the latest ACS Survey released in 2023, Jasper, AR is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Jasper, AR is hispanic, making up 5.7% of the population. Foreign-born residents account for 1.9% of the population in Jasper, AR, and this percentage has increased by 35.7% 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 | 93.0% | -0.7% |
% Black | 0.5% | 400.0% |
% Hispanic | 5.7% | 5,600.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.9% | 35.7% |
Mortgage and Risk — Jasper, AR
According to HUD data as of 2023, there were 39 mortgage originations in Jasper, AR, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Jasper, AR. Investor activity is low, as 10.0% 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 | 39 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 10.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Jasper, AR
Jasper, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% 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 | $810 |
| 2 Bedroom | $130 | $770 | $900 |
| 3 Bedroom | N/A | N/A | $1,080 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Jasper, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $235,000 |
| Median Household Income | $39,300 |