Brokers — List your Company Here
Featured local agent — ZIP 72916
Sarah Mitchell
Compass Real Estate · ZIP 72916
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
72916 ZIP Code Housing Market
$371,900median sale price
What is the 72916 housing market like right now?
The median home sale price in ZIP code 72916 is $371,900, up 24.4% year-over-year. Homes sell in an average of 76 days with 84 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 72916 ZIP code a buyer's or seller's market?
ZIP code 72916 is currently a leaning buyer's and homes selling in about 76 days. How we determine this →
What are the latest 72916 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $371,900 |
| Median list price | $299,000 |
| Year-over-year price change | +24.4% |
| Average days on market | 76 days |
| Active inventory | 84 listings |
| Sale-to-list price ratio | 98.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 72916 zip code, located in Bonanza, AR, is currently classified as a leaning buyer's. The median sale price stands at $371,900, representing a +24.4% change year over year. Homes in this area spend an average of 76 days on the market before going under contract. There are currently 84 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 72916 sits in the Bonanza, AR area, roughly 3.7 miles from downtown Bonanza. Because home prices are set street by street, this ZIP can move differently from Bonanza's citywide averages. The figures below reflect 72916 specifically — drawn from Redfin transactions, U.S. Census data for its 11,711 residents, and Zillow value estimates.
Homes sold
45
Last 12 weeks
Days on market
76
Average pace
Active listings
84
Sale-to-list
98.8%
Below asking
What is driving the 72916 housing market?
The 72916 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 98.8% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 72916 have increased +24.4% 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 72916 stands at $325,153, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,518 per month. This gives a price-to-rent ratio of approximately 17.9, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 72916?
Population
11,711
Median income
$87,983/yr
Median age
38.9 years
Owner-occupied
71.3%
College grads
40.1%
Avg commute
21.98 min
What is it like living in 72916?
Zip code 72916 is home to approximately 11,711 residents. The median household income is $87,983 per year, which shapes the types of homes and amenities available in the area. With a median age of 38.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 71.3% 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 40.1% 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 21.98 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 72916.
Frequently asked questions about 72916
What is the median home price in 72916?
The current median sale price in 72916 is $371,900, based on recent Redfin transaction data. Prices have changed +24.4% 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 72916 a buyer's or seller's market?
The 72916 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 72916?
Zip code 72916 has a population of approximately 11,711 residents. The median household income is $87,983 per year. About 71.3% 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 72916?
Properties Incorporated provides comprehensive data for 72916 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 72916 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.
Be the brokerage on this page
1 slot per pageGet featured on ZIP 72916
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this neighborhood. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get zip code 72916 market alerts
Weekly updates on prices, inventory, and trends. Free forever.