City:

Mulberry, AR

Mulberry is a city in the state of arkansas with a population of roughly 3,889. It is in Crawford County, Arkansas the Fort Smith, AR-OK core-based statistical areas (CBSA), Its Zip codes include 72947 .

Trends in Home Prices in Mulberry, Arkansas

Mulberry is a small town located in Crawford County, Arkansas. The population was 1,868 at the 2010 census. Mulberry is known for its historic downtown district and its many antique stores. The town's economy is based largely on the sale of real estate.

The Mulberry Historic District was listed on the National Register of Historic Places in 1978. It includes more than 60 buildings, most of which are commercial or residential structures from the late 19th and early 20th centuries. The district includes examples of Greek Revival, Italianate, and Queen Anne architecture.

The town's economy is based largely on the sale of real estate. According to the 2010 Census, 89% of households in Mulberry were owner-occupied, compared to an average rate of 68% across Arkansas. This high rate may be attributable to the fact that there are few other economic opportunities available in Mulberry; only 2% of households were made up entirely by people who were unemployed or not working at all.

Real estate prices in Mulberry are generally higher than rates found elsewhere in Crawford County; median home prices were $105,000 in 2010 compared to $60,000 statewide and $50,000 nationwide. This may be attributable to several factors: firstly, there is a limited number of housing options available within the town; secondly, many homes within the historic district have been well-maintained over time; and finally, residents have a strong sense of community pride which may lead them to spend more money on their homes than people who live in towns with fewer historical attractions.

Despite these advantages however, some potential home buyers may find it difficult to afford properties within Mulberry due to its high prices tag; as noted by CNN Money magazine , "the median price for a single family home here hit $205K last year." Nevertheless, those who are able to purchase property here often enjoy long-term stability and low crime rates; according to NeighborhoodScout , " Mulberry ranks among the safest cities with populations over 1 million."

Price Index: Fort Smith, AR-OK

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