Norfork, AR—72658
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Norfork, AR
As of Nov '25, the median home price in Norfork, AR is $270,000, with a year-over-year change of -0.2%. This indicates that home prices in Norfork, AR are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | -0.2% |
| Single Family | $269,000 | -0.4% |
| 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 — Norfork, AR
Norfork, 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 |
% of Rental Stock
Property Listings — Norfork, AR
As of Nov '25, Realtor.com reports that the median days on market for a home in Norfork, AR is 93. This is a decrease of -31.0% from last year, suggesting that homes are sitting on the market shorter 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 | $385,000 | -3.0% |
Listing Count | 19 | 2.0% |
| Listings as % of Homes | 1.0% | 2.0% |
Days on Market | 93 | -31.0% |
Demographics — Norfork, AR
As of the latest ACS Survey released in 2023, Norfork, AR has a population of 1,850, which has increased by 14.7% over the past 5 years. Norfork, AR is a popular place for families, as children make up 28.8% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,850 | 14.7% |
% Under 18 | 28.8% | 39.8% |
% Seniors | 24.4% | -23.3% |
% WFH | 0.5% | -80.8% |
% w/ College Degree | 9.1% | -67.5% |
As of the latest ACS Survey released in 2023, Norfork, AR is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Norfork, AR is hispanic, making up 5.2% of the population. Foreign-born residents account for 2.1% of the population in Norfork, AR, and this percentage has decreased by 60.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.8% | -2.7% |
% Black | 3.0% | 2,900.0% |
% Hispanic | 5.2% | 271.4% |
% Asian | 0.1% | -97.7% |
% Foreign Born | 2.1% | -60.4% |
Mortgage and Risk — Norfork, AR
Norfork, AR lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Norfork, AR
Norfork, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% 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 | $250 | $850 | $1,100 |
| 4 Bedroom | N/A | N/A | $1,140 |
Affordability — Norfork, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $270,000 |
| Median Household Income | $38,000 |