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Pace, AR—72370

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$110,000
N/A
Household Income
$41,400
37.2% YoY Growth
Days on Market
63
9.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$1,250
14.4% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$850
N/A
3-Bed Rent
$1,400
12.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Pace, AR

Pace, AR lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
  • 2 Bed
    N/A
    N/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    10.3%
    1 Bedroom
    7.2%
    2 Bedrooms
    23.2%
    3 Bedrooms
    49.3%
    4 Bedrooms
    8.8%
    5+ Bedrooms
    1.4%

    Rental Trends — Pace, AR

    As of July '25, Rentcast reports the average rent in Pace, AR is $1,070, with a year-over-year rent change of -14.4%. Per bedroom, the median rent as of July '25 in Pace, AR is studios: $550, 2-bedrooms: $1,050, 3-bedrooms: $1,400, 4-bedrooms: $1,300. The most common rental property sizes in Pace, AR are 3-bedroom and 2-bedroom, accounting for 47.4% and 28.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,250$1,070
    Studio Rent $550$550
    1 Bed Rent N/AN/A
    2 Bed Rent $850$1,050
    3 Bed Rent $1,400$1,400
    4 Bed Rent $1,300$1,300
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    % of Rental Stock

    Studio
    11.9%
    1 Bedroom
    10.3%
    2 Bedrooms
    28.2%
    3 Bedrooms
    47.4%
    4 Bedrooms
    2.2%

    Property Listings — Pace, AR

    As of May '26, Realtor.com reports that the median days on market for a home in Pace, AR is 63. This is a increase of 9.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $110,000-28.0%
    Listing Count
    19-37.0%
    Listings as % of HomesN/A-37.0%
    Days on Market
    639.0%
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    Demographics — Pace, AR

    As of the latest ACS Survey released in 2023, Pace, AR has a population of 7,280, which has decreased by -6.0% over the past 5 years. Pace, AR is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 9.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    7,280-6.0%
    % Under 18
    24.9%-12.9%
    % Seniors
    13.6%-13.9%
    % WFH
    2.9%163.6%
    % w/ College Degree
    9.0%-2.2%
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    As of the latest ACS Survey released in 2023, Pace, AR is a predominantly black area, with 53.0% of the population identifying as black. The black population has grown by 6.0% in the last 5 years. The second most common race or ethnicity in Pace, AR is white, making up 36.0% of the population. Foreign-born residents account for 1.0% of the population in Pace, AR, and this percentage has decreased by 68.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    36.0%-13.9%
    % Black
    53.0%6.0%
    % Hispanic
    5.1%-25.0%
    % Asian
    0.5%25.0%
    % Foreign Born
    1.0%-68.8%
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    Mortgage and Risk — Pace, AR

    According to HUD data as of 2023, there were 45 mortgage originations in Pace, AR, of which 38.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Pace, AR. Investor activity is low, as 9.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    45
    % Conventional Loans
    38.0%
    % Government Loans
    62.0%
    % Investor Loans
    9.0%
    % Second Loans
    2.0%
    % Cash Out Refinance
    13.0%
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    Rentals and Section 8 — Pace, AR

    Pace, AR lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    611
    Total Units Section 8
    233
    % Rentals under Section 8
    N/A
    % Occupied Section 8
    69.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$710
    2 Bedroom$70$850$920
    3 Bedroom-$180$1,400$1,220
    4 Bedroom-$80$1,300$1,220

    Affordability — Pace, AR

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$41,400

    Pace, AR — ZIP Code Boundary Map

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    Frequently Asked Questions