View in Interactive Map

Gravette, AR—72736

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$353,000
3.0% YoY Growth
Household Income
$73,600
38.8% YoY Growth
Days on Market
78
13.0% Longer YoY
Home Price Forecast
4.3%
Median Rent
$1,400
10.0% YoY Growth
1-Bed Rent
$775
34.3% YoY Growth
2-Bed Rent
$850
22.1% YoY Growth
3-Bed Rent
$1,300
2.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Gravette, AR

As of Dec '25, the median home price in Gravette, AR is $353,000, with a year-over-year change of 3.0%. This indicates that home prices in Gravette, AR are increasing. According to Zillow, the 1-year price projection is 4.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$353,0003.0%
Single Family $355,0002.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$224,0002.8%
    3 Bed
    		$288,0002.5%
    4 Bed
    		$444,0004.7%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    3.2%
    1 Bedroom
    3.8%
    2 Bedrooms
    15.7%
    3 Bedrooms
    44.8%
    4 Bedrooms
    22.7%
    5+ Bedrooms
    9.9%

    Rental Trends — Gravette, AR

    As of July '25, Rentcast reports the average rent in Gravette, AR is $1,540, with a year-over-year rent change of 10.0%. Per bedroom, the median rent as of July '25 in Gravette, AR is 1-bedrooms: $775, 2-bedrooms: $912, 3-bedrooms: $1,340, 4-bedrooms: $1,710. The most common rental property sizes in Gravette, AR are 3-bedroom and 4-bedroom, accounting for 36.2% and 29.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,540
    Studio Rent N/AN/A
    1 Bed Rent $775$775
    2 Bed Rent $850$912
    3 Bed Rent $1,300$1,340
    4 Bed Rent $1,680$1,710
    Loading chart...

    % of Rental Stock

    1 Bedroom
    20.2%
    2 Bedrooms
    13.7%
    3 Bedrooms
    36.2%
    4 Bedrooms
    29.9%

    Property Listings — Gravette, AR

    As of Dec '25, Realtor.com reports that the median days on market for a home in Gravette, AR is 69. This is a increase of 8.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$506,000-16.0%
    Listing Count
    		8263.0%
    Listings as % of Homes1.6%63.0%
    Days on Market
    		7813.0%
    Loading chart...

    Demographics — Gravette, AR

    As of the latest ACS Survey released in 2023, Gravette, AR has a population of 7,520, which has increased by 5.5% over the past 5 years. Gravette, AR is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 23.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,5205.5%
    % Under 18
    		28.6%-9.2%
    % Seniors
    		13.2%17.9%
    % WFH
    		9.1%51.7%
    % w/ College Degree
    		23.8%7.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Gravette, AR is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 14.2% in the last 5 years. The second most common race or ethnicity in Gravette, AR is hispanic, making up 3.1% of the population. Foreign-born residents account for 1.1% of the population in Gravette, AR, and this percentage has decreased by 35.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		77.3%-14.2%
    % Black
    		0.9%200.0%
    % Hispanic
    		3.1%-35.4%
    % Asian
    		0.1%∞%
    % Foreign Born
    		1.1%-35.3%
    Loading chart...

    Mortgage and Risk — Gravette, AR

    According to HUD data as of 2023, there were 219 mortgage originations in Gravette, AR, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Gravette, AR. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		219
    % Conventional Loans
    		74.0%
    % Government Loans
    		26.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		14.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Gravette, AR

    As of 2024, the percent of homes in Gravette, AR under the Section 8 program is 14.2%. 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 Gravette, 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
    		59
    Total Units Section 8
    		39
    % Rentals under Section 8
    		14.2%
    % Occupied Section 8
    		73.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$135$775$910
    2 Bedroom$240$850$1,090
    3 Bedroom$230$1,300$1,530
    4 Bedroom$80$1,680$1,760

    Affordability — Gravette, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.1
    Median Home Price$353,000
    Median Household Income$73,600

    Gravette, AR — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Sulphur Springs, AR

    72768

    Decatur, AR

    72722

    Noel, MO

    64854

    Hiwasse, AR

    72739

    Gentry, AR

    72734

    Frequently Asked Questions