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Sarah Mitchell

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Compass Real Estate · ZIP 72117

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 72117(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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72117 ZIP Code Housing Market

Leaning buyer's-1.1% YoY

$183,700median sale price

What is the 72117 housing market like right now?

The median home sale price in ZIP code 72117 is $183,700, down 1.1% year-over-year. Homes sell in an average of 56 days with 61 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 72117 ZIP code a buyer's or seller's market?

Leaning buyer's56 avg. days on market

ZIP code 72117 is currently a leaning buyer's and homes selling in about 56 days. How we determine this →

What are the latest 72117 housing market stats?

Current housing market statistics for ZIP code 72117
MetricValue
Median sale price$183,700
Median list price$132,450
Year-over-year price change-1.1%
Average days on market56 days
Active inventory61 listings
Sale-to-list price ratio96.8%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

The 72117 zip code, located in McAlmont, AR, is currently classified as a leaning buyer's. The median sale price stands at $183,700, representing a -1.1% change year over year. Homes in this area spend an average of 56 days on the market before going under contract. There are currently 61 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 72117 sits in the McAlmont, AR area, roughly 3.3 miles from downtown McAlmont. Because home prices are set street by street, this ZIP can move differently from McAlmont's citywide averages. The figures below reflect 72117 specifically — drawn from Redfin transactions, U.S. Census data for its 13,438 residents, and Zillow value estimates.

Homes sold

32

Last 12 weeks

Days on market

56

Average pace

Active listings

61

Sale-to-list

96.8%

Below asking

What is driving the 72117 housing market?

The 72117 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 96.8% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 72117 have declined -1.1% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 72117 stands at $152,807, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,083 per month. This gives a price-to-rent ratio of approximately 11.8, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Who lives in 72117?

Population

13,438

Median income

$44,319/yr

Median age

36.9 years

Owner-occupied

63.7%

College grads

26.7%

Avg commute

17.06 min

What is it like living in 72117?

Zip code 72117 is home to approximately 13,438 residents. The median household income is $44,319 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 63.7% 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 26.7% 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 17.06 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 72117.

Which public schools serve ZIP 72117?

6 schools tracked · 2,280 students

The largest public schools serving ZIP code 72117 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.

LISA ACADEMY NORTH ELEMENTARY SCHOOL

Grades K-5 · 628 students

Charter

MEADOW PARK ELEMENTARY SCHOOL

Grades PK-5 · 486 students

Public

GLENVIEW ELEMENTARY SCHOOL

Grades PK-5 · 345 students

Public

LISA ACADEMY NORTH MIDDLE SCHOOL

Grades 6-8 · 323 students

Charter

LISA ACADEMY NORTH HIGH SCHOOL

Grades 9-12 · 288 students

Charter

HARRIS ELEMENTARY SCHOOL

Grades PK-5 · 210 students

Public

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 72117

What is the median home price in 72117?

The current median sale price in 72117 is $183,700, based on recent Redfin transaction data. Prices have changed -1.1% 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 72117 a buyer's or seller's market?

The 72117 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 72117?

Zip code 72117 has a population of approximately 13,438 residents. The median household income is $44,319 per year. About 63.7% 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 72117?

Properties Incorporated provides comprehensive data for 72117 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 72117 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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