Shark, AR—72833
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shark, AR
As of Oct '25, the median home price in Shark, AR is $149,000, with a year-over-year change of -3.6%. This indicates that home prices in Shark, AR are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $149,000 | -3.6% |
| Single Family | $149,000 | -3.9% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shark, AR
Shark, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 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 — Shark, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Shark, AR is 138. This is a increase of 115.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $180,000 | 21.0% |
Listing Count | 18 | 40.0% |
| Listings as % of Homes | 0.8% | 40.0% |
Days on Market | 138 | 115.0% |
Demographics — Shark, AR
As of the latest ACS Survey released in 2023, Shark, AR has a population of 3,430, which has decreased by -18.6% over the past 5 years. Shark, AR is a popular place for families, as children make up 30.3% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,430 | -18.6% |
% Under 18 | 30.3% | 16.1% |
% Seniors | 15.4% | -5.5% |
% WFH | 6.0% | -17.8% |
% w/ College Degree | 12.2% | -32.2% |
As of the latest ACS Survey released in 2023, Shark, AR is a predominantly white area, with 57.6% of the population identifying as white. The white population has shrunk by 15.9% in the last 5 years. The second most common race or ethnicity in Shark, AR is hispanic, making up 39.9% of the population. Foreign-born residents account for 15.2% of the population in Shark, AR, and this percentage has increased by 34.5% 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 | 57.6% | -15.9% |
% Black | 0.8% | -38.5% |
% Hispanic | 39.9% | 51.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 15.2% | 34.5% |
Mortgage and Risk — Shark, AR
According to HUD data as of 2023, there were 42 mortgage originations in Shark, AR, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Shark, AR. Investor activity is low, as 5.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Shark, AR
Shark, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 67 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $650 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,180 |
| 4 Bedroom | N/A | N/A | $1,190 |
Affordability — Shark, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $149,000 |
| Median Household Income | $60,800 |