City:

Bradley, AR

Bradley is a city in the state of arkansas with a population of roughly 1,134. It is in Lafayette, Arkansas Its Zip codes include 71826 .

The Rise and Fall of Bradley Home Prices

Real estate in Bradley, Arkansas is a hot commodity. The city has seen an influx of people and businesses in recent years, which has led to an increase in real estate prices. According to the 2010 U.S. Census, Bradley had a population of 10,824 people. This number has grown by almost 2,000 people since the 2010 Census was taken and is projected to grow by another 1,500 people by 2020.

The growth of Bradley has led to an increase in real estate prices. In 2013, the median home price was $119,900 according to Zillow. This is up from $92,500 in 2009 and $81,700 in 2005. The average monthly rent for a two-bedroom apartment was $1,100 as of September 2014 according to Apartment List . This is up from $850 per month during the same time period last year and $800 per month during the same time period five years ago.

The demand for real estate in Bradley is high due to its growing population and increasing economy. There are many reasons why people are moving into Bradley including its low cost of living and strong job market . The city's proximity to major metropolitan areas like Little Rock , Memphis , and Tulsa makes it easy for residents to commute into work . Additionally , there are many businesses located within Bradley that have created jobs for residents . These include companies like Tyson Foods Incorporated , JBS USA LLC , Koch Industries Incorporated , ExxonMobil Corporation , Walmart Incorporated , Delta Air Lines Incorporated , Coca-Cola Bottling Company Consolidated (CCBC) ), Liberty Mutual Insurance Group plc., Cardinal Health Incorporated etc., among others .

Despite these positive factors associated with real estate in Bradley, there are some challenges that must be faced when purchasing or selling a home or apartment there. One such challenge is the high cost of housing relative to other areas of Arkansas . For example,, while the median home price in Pulaski County was just over $130K as of September 2014 according to Zillow (compared with over $200K statewide), housing costs were much higher than average due largely to demand from buyers who live outside of Bradley but want access to its excellent job market and low cost of living ."

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