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Sarah Mitchell
Compass Real Estate · ZIP 72103
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72103 ZIP Code Housing Market
$195,100median sale price
What is the 72103 housing market like right now?
The median home sale price in ZIP code 72103 is $195,100, up 8.4% year-over-year. Homes sell in an average of 63 days with 27 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 72103 ZIP code a buyer's or seller's market?
ZIP code 72103 is currently a leaning buyer's and homes selling in about 63 days. How we determine this →
What are the latest 72103 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $195,100 |
| Median list price | $244,950 |
| Year-over-year price change | +8.4% |
| Average days on market | 63 days |
| Active inventory | 27 listings |
| Sale-to-list price ratio | 98.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 72103 zip code, located in Shannon Hills, AR, is currently classified as a leaning buyer's. The median sale price stands at $195,100, representing a +8.4% change year over year. Homes in this area spend an average of 63 days on the market before going under contract. There are currently 27 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 72103 sits in the Shannon Hills, AR area, roughly 2.2 miles from downtown Shannon Hills. Because home prices are set street by street, this ZIP can move differently from Shannon Hills's citywide averages. The figures below reflect 72103 specifically — drawn from Redfin transactions, U.S. Census data for its 15,736 residents, and Zillow value estimates.
Homes sold
21
Last 12 weeks
Days on market
63
Average pace
Active listings
27
Sale-to-list
98.6%
Below asking
Market trends
What is driving the 72103 housing market?
The 72103 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 98.6% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 72103 have increased +8.4% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 72103 stands at $187,822, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 72103?
Population
15,736
Median income
$68,029/yr
Median age
40.2 years
Owner-occupied
81.9%
College grads
18.5%
Avg commute
24.69 min
What is it like living in 72103?
Zip code 72103 is home to approximately 15,736 residents. The median household income is $68,029 per year, which shapes the types of homes and amenities available in the area. With a median age of 40.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 81.9% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 18.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 24.69 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 72103.
Which public schools serve ZIP 72103?
4 schools tracked · 4,057 students
The largest public schools serving ZIP code 72103 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LITTLE ROCK SOUTHWEST HIGH SCHOOL
Grades 8-12 · 2,163 students
CHICOT ELEMENTARY SCHOOL
Grades PK-5 · 842 students
MABELVALE MIDDLE SCHOOL
Grades 6-8 · 565 students
MABELVALE ELEMENTARY SCHOOL
Grades K-5 · 487 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 72103
What is the median home price in 72103?
The current median sale price in 72103 is $195,100, based on recent Redfin transaction data. Prices have changed +8.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 72103 a buyer's or seller's market?
The 72103 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 72103?
Zip code 72103 has a population of approximately 15,736 residents. The median household income is $68,029 per year. About 81.9% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 72103?
Properties Incorporated provides comprehensive data for 72103 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 72103 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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