Banner, AR 72523 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Banner, AR—72523

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$692,000

N/A

Household Income

$57,500

113.7% YoY Growth

Days on Market

825.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$850

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$850

N/A

Home Price Trends — Banner, AR

Banner, AR lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Banner, AR

Banner, AR lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$850	$850
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$850	$850
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

22.2%

3 Bedrooms

77.8%

Property Listings — Banner, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Banner, AR is 184. This is a increase of 1200.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$692,000	-29.0%
Listing Count	3	167.0%
Listings as % of Homes	N/A	167.0%
Days on Market	16	825.0%

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Demographics — Banner, AR

As of the latest ACS Survey released in 2023, Banner, AR has a population of 793, which has decreased by -33.1% over the past 5 years. Banner, AR is a less popular place for families, as children make up 8.7% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	793	-33.1%
% Under 18	8.7%	-59.0%
% Seniors	27.9%	111.4%
% WFH	0.0%	N/A
% w/ College Degree	12.1%	17.5%

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Banner, AR lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.3%	-2.8%
% Black	0.0%	N/A
% Hispanic	0.0%	-100.0%
% Asian	2.0%	∞%
% Foreign Born	0.0%	N/A

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Mortgage and Risk — Banner, AR

According to HUD data as of 2023, there were 60 mortgage originations in Banner, AR, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Banner, AR. Investor activity is low, as 10.0% 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	60
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	10.0%
% Second Loans	13.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Banner, AR

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

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

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	$220	$850	$1,070
4 Bedroom	N/A	N/A	$1,120

Banner, AR—72523

Key Metrics at a Glance

Home Price Trends — Banner, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Banner, AR

% of Rental Stock

Property Listings — Banner, AR

Demographics — Banner, AR

Race and Ethnicity

Mortgage and Risk — Banner, AR

Mortgages

Rentals and Section 8 — Banner, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Banner, AR

Home Price to Income Ratio

Banner, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Almond, AR

Cedar Grove, AR

Desha, AR

Pangburn, AR

Pleasant Plains, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$57,500

Banner, AR—72523

Key Metrics at a Glance

Home Price Trends — Banner, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Banner, AR

% of Rental Stock

Property Listings — Banner, AR

Demographics — Banner, AR

Race and Ethnicity

Mortgage and Risk — Banner, AR

Mortgages

Rentals and Section 8 — Banner, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Banner, AR

Home Price to Income Ratio

Banner, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Almond, AR

Cedar Grove, AR

Desha, AR

Pangburn, AR

Pleasant Plains, AR

Frequently Asked Questions

What is the average home price in Banner, AR 72523?

How have home prices in Banner, AR 72523 changed over the past year?

What is the home price projection for Banner, AR 72523?

What are the demographics of Banner, AR 72523?

How long does it take homes to sell in Banner, AR 72523?

What is the average rent price in Banner, AR 72523?