Centerton, AR—72719
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Centerton, AR
As of Oct '25, the median home price in Centerton, AR is $355,000, with a year-over-year change of 3.1%. This indicates that home prices in Centerton, AR are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | 3.1% |
| Single Family | $355,000 | 2.9% |
| 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 | $314,000 | 1.3% |
4 Bed | $425,000 | 2.9% |
| 5 Bed | $745,000 | 3.8% |
% of Housing Stock
Rental Trends — Centerton, AR
As of July '25, Rentcast reports the average rent in Centerton, AR is $1,720, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Centerton, AR is 1-bedrooms: $1,050, 2-bedrooms: $1,310, 3-bedrooms: $1,650, 4-bedrooms: $2,120. The most common rental property sizes in Centerton, AR are 3-bedroom and 2-bedroom, accounting for 62.2% and 17.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,010 | $1,050 |
| 2 Bed Rent | $1,200 | $1,310 |
| 3 Bed Rent | $1,640 | $1,650 |
| 4 Bed Rent | $1,980 | $2,120 |
% of Rental Stock
Property Listings — Centerton, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Centerton, AR is 51. This is a increase of 14.0% 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 | $445,000 | -2.0% |
Listing Count | 184 | 12.0% |
| Listings as % of Homes | 2.8% | 12.0% |
Days on Market | 51 | 14.0% |
Demographics — Centerton, AR
As of the latest ACS Survey released in 2023, Centerton, AR has a population of 18,900, which has increased by 55.6% over the past 5 years. Centerton, AR is a popular place for families, as children make up 28.6% of the population. The area has a moderately educated workforce, with 39.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,900 | 55.6% |
% Under 18 | 28.6% | -14.6% |
% Seniors | 6.7% | 81.1% |
% WFH | 16.8% | 630.4% |
% w/ College Degree | 39.4% | 15.2% |
As of the latest ACS Survey released in 2023, Centerton, AR is a predominantly white area, with 57.9% of the population identifying as white. The white population has shrunk by 25.5% in the last 5 years. The second most common race or ethnicity in Centerton, AR is hispanic, making up 13.8% of the population. Foreign-born residents account for 10.4% of the population in Centerton, AR, and this percentage has increased by 85.7% 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 | 57.9% | -25.5% |
% Black | 6.3% | 53.7% |
% Hispanic | 13.8% | 36.6% |
% Asian | 5.2% | 6.1% |
% Foreign Born | 10.4% | 85.7% |
Mortgage and Risk — Centerton, AR
According to HUD data as of 2023, there were 525 mortgage originations in Centerton, AR, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Centerton, AR. Investor activity is low, as 5.0% 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 | 525 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Centerton, AR
As of 2024, the percent of homes in Centerton, AR under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Centerton, AR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,010 | $1,160 |
| 2 Bedroom | $190 | $1,200 | $1,390 |
| 3 Bedroom | $310 | $1,640 | $1,950 |
| 4 Bedroom | $270 | $1,980 | $2,250 |
Affordability — Centerton, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $355,000 |
| Median Household Income | $111,000 |