Garfield, AR 72732 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Garfield, AR—72732

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$421,000

0.3% YoY Growth

Household Income

$68,500

3.8% YoY Growth

Days on Market

108

61.0% Longer YoY

Home Price Forecast

4.0%

Median Rent

$1,200

7.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,200

27.3% YoY Growth

Home Price Trends — Garfield, AR

As of Dec '25, the median home price in Garfield, AR is $421,000, with a year-over-year change of 0.3%. This indicates that home prices in Garfield, AR are flat. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$421,000	0.3%
Single Family	$421,000	-0.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Garfield, AR

As of July '25, Rentcast reports the average rent in Garfield, AR is $1,200, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Garfield, AR is 3-bedrooms: $1,200. The most common rental property sizes in Garfield, AR are 3-bedroom and 2-bedroom, accounting for 54.5% and 19.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,200
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,200	$1,200
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.6%

1 Bedroom

17.1%

2 Bedrooms

19.5%

3 Bedrooms

54.5%

4 Bedrooms

7.3%

Property Listings — Garfield, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in Garfield, AR is 106. This is a increase of 63.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$615,000	-13.0%
Listing Count	49	14.0%
Listings as % of Homes	0.6%	14.0%
Days on Market	108	61.0%

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Demographics — Garfield, AR

As of the latest ACS Survey released in 2023, Garfield, AR has a population of 5,490, which has increased by 21.7% over the past 5 years. Garfield, AR is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,490	21.7%
% Under 18	22.3%	19.3%
% Seniors	20.8%	-14.4%
% WFH	9.7%	31.1%
% w/ College Degree	23.7%	36.2%

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As of the latest ACS Survey released in 2023, Garfield, AR is a predominantly white area, with 65.3% of the population identifying as white. The white population has shrunk by 32.3% in the last 5 years. The second most common race or ethnicity in Garfield, AR is hispanic, making up 10.8% of the population. Foreign-born residents account for 2.8% of the population in Garfield, AR, and this percentage has increased by 100.0% 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	65.3%	-32.3%
% Black	0.5%	400.0%
% Hispanic	10.8%	575.0%
% Asian	0.3%	50.0%
% Foreign Born	2.8%	100.0%

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Mortgage and Risk — Garfield, AR

According to HUD data as of 2023, there were 108 mortgage originations in Garfield, AR, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Garfield, AR. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	108
% Conventional Loans	87.0%
% Government Loans	13.0%
% Investor Loans	5.0%
% Second Loans	19.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Garfield, AR

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

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	0.8%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$840
2 Bedroom	N/A	N/A	$1,010
3 Bedroom	$230	$1,200	$1,430
4 Bedroom	N/A	N/A	$1,670

Garfield, AR—72732

Key Metrics at a Glance

Home Price Trends — Garfield, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garfield, AR

% of Rental Stock

Property Listings — Garfield, AR

Demographics — Garfield, AR

Race and Ethnicity

Mortgage and Risk — Garfield, AR

Mortgages

Rentals and Section 8 — Garfield, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Garfield, AR

Home Price to Income Ratio

Garfield, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Seligman, MO

Rogers, AR

Pea Ridge, AR

Seligman, MO

Eureka Springs, AR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.5
Median Home Price	$421,000
Median Household Income	$68,500

Garfield, AR—72732

Key Metrics at a Glance

Home Price Trends — Garfield, AR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Garfield, AR

% of Rental Stock

Property Listings — Garfield, AR

Demographics — Garfield, AR

Race and Ethnicity

Mortgage and Risk — Garfield, AR

Mortgages

Rentals and Section 8 — Garfield, AR

Section 8 Market Size

Section 8 Opportunity

Affordability — Garfield, AR

Home Price to Income Ratio

Garfield, AR — ZIP Code Boundary Map

Nearby ZIP Codes

Seligman, MO

Rogers, AR

Pea Ridge, AR

Seligman, MO

Eureka Springs, AR

Frequently Asked Questions

What is the average home price in Garfield, AR 72732?

How have home prices in Garfield, AR 72732 changed over the past year?

What is the home price projection for Garfield, AR 72732?

What are the demographics of Garfield, AR 72732?

How long does it take homes to sell in Garfield, AR 72732?

What is the average rent price in Garfield, AR 72732?