Western Grove, AR—72685
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Western Grove, AR
As of Oct '25, the median home price in Western Grove, AR is $208,000, with a year-over-year change of 2.6%. This indicates that home prices in Western Grove, AR are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | 2.6% |
| Single Family | $208,000 | 1.0% |
| 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 — Western Grove, AR
Western Grove, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 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 — Western Grove, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Western Grove, AR is 100. This is a decrease of -24.0% 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 | $450,000 | 51.0% |
Listing Count | 10 | 3.0% |
| Listings as % of Homes | 0.5% | 3.0% |
Days on Market | 100 | -24.0% |
Demographics — Western Grove, AR
As of the latest ACS Survey released in 2023, Western Grove, AR has a population of 1,350, which has increased by 8.3% over the past 5 years. Western Grove, AR is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,350 | 8.3% |
% Under 18 | 22.5% | 4.7% |
% Seniors | 32.4% | 85.1% |
% WFH | 14.4% | 7,100.0% |
% w/ College Degree | 14.1% | 13.7% |
As of the latest ACS Survey released in 2023, Western Grove, AR is a predominantly white area, with 95.5% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Western Grove, AR is asian, making up 0.4% of the population. Foreign-born residents account for 0.0% of the population in Western Grove, AR, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.5% | -2.6% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Western Grove, AR
According to HUD data as of 2023, there were 54 mortgage originations in Western Grove, AR, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Western Grove, AR. Investor activity is low, as 15.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 15.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Western Grove, AR
Western Grove, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $750 | $750 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,040 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Western Grove, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $208,000 |
| Median Household Income | $44,700 |