Mansfield, AR—72944
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mansfield, AR
As of Oct '25, the median home price in Mansfield, AR is $165,000, with a year-over-year change of -0.4%. This indicates that home prices in Mansfield, AR are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | -0.4% |
| Single Family | $165,000 | 1.2% |
| 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 — Mansfield, AR
As of July '25, Rentcast reports the average rent in Mansfield, AR is $600, with a year-over-year rent change of -17.2%. Per bedroom, the median rent as of July '25 in Mansfield, AR is 2-bedrooms: $600. The most common rental property sizes in Mansfield, AR are 2-bedroom and 3-bedroom, accounting for 57.3% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $600 | $600 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mansfield, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Mansfield, AR is 77. This is a increase of 2.0% 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 | $223,000 | -13.0% |
Listing Count | 9 | -42.0% |
| Listings as % of Homes | 0.6% | -42.0% |
Days on Market | 77 | 2.0% |
Demographics — Mansfield, AR
As of the latest ACS Survey released in 2023, Mansfield, AR has a population of 2,670, which has decreased by -28.0% over the past 5 years. Mansfield, AR is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,670 | -28.0% |
% Under 18 | 24.4% | -13.2% |
% Seniors | 23.5% | 41.6% |
% WFH | 6.2% | 14.8% |
% w/ College Degree | 12.4% | -27.5% |
As of the latest ACS Survey released in 2023, Mansfield, AR is a predominantly white area, with 88.2% of the population identifying as white. The white population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in Mansfield, AR is hispanic, making up 4.3% of the population. Foreign-born residents account for 0.6% of the population in Mansfield, AR, and this percentage has increased by 50.0% 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 | 88.2% | 7.4% |
% Black | 1.2% | -33.3% |
% Hispanic | 4.3% | -20.4% |
% Asian | 0.6% | 500.0% |
% Foreign Born | 0.6% | 50.0% |
Mortgage and Risk — Mansfield, AR
According to HUD data as of 2023, there were 36 mortgage originations in Mansfield, AR, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Mansfield, AR. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 36 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Mansfield, AR
Mansfield, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | $310 | $600 | $910 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Mansfield, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $165,000 |
| Median Household Income | $47,200 |