London, AR—72847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — London, AR
As of Oct '25, the median home price in London, AR is $199,000, with a year-over-year change of 4.0%. This indicates that home prices in London, AR are increasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 4.0% |
| Single Family | $199,000 | 3.6% |
| 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 — London, AR
London, AR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,250 |
| 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 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — London, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in London, AR is 52. This is a decrease of -7.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | -13.0% |
Listing Count | 9 | 21.0% |
| Listings as % of Homes | 0.9% | 21.0% |
Days on Market | 52 | -7.0% |
Demographics — London, AR
As of the latest ACS Survey released in 2023, London, AR has a population of 3,260, which has increased by 35.4% over the past 5 years. London, AR is a popular place for families, as children make up 31.6% of the population. The area has a poorly educated workforce, with 16.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,260 | 35.4% |
% Under 18 | 31.6% | 55.7% |
% Seniors | 13.7% | -13.3% |
% WFH | 4.7% | 135.0% |
% w/ College Degree | 16.6% | -1.8% |
As of the latest ACS Survey released in 2023, London, AR is a predominantly white area, with 97.3% of the population identifying as white. The white population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in London, AR is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.9% of the population in London, AR, and this percentage has increased by 350.0% 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 | 97.3% | 3.8% |
% Black | 0.0% | N/A |
% Hispanic | 0.8% | 14.3% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.9% | 350.0% |
Mortgage and Risk — London, AR
According to HUD data as of 2023, there were 74 mortgage originations in London, AR, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in London, AR. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 74 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — London, AR
London, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% 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 | $780 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | $170 | $1,200 | $1,370 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — London, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $199,000 |
| Median Household Income | $58,400 |