City:

Washington, AR

Washington is a city in the state of arkansas with a population of roughly 713. It is in Hempstead, Arkansas Its Zip codes include 71862 .

The Rise and Fall of Home Prices in Washington, AR

Washington, Arkansas is located in the heart of the Ozarks and has a population of just over 10,000. The city is home to several businesses and industries, including manufacturing, agriculture, and tourism. Washington is also known for its real estate market.

The city's real estate market has seen steady growth over the past few years. In 2016, there were 1,521 housing units sold in Washington. This represents a 20% increase from 2015 sales figures of 1,296 homes sold. The median sale price for homes in Washington was $119,000 in 2016. This represents an 8% increase from 2015 median sale prices of $113,000.

The majority of buyers in the Washington real estate market are families who are looking for affordable housing options close to major metropolitan areas such as Little Rock and Memphis. There is also a growing number of young professionals who are looking for suburban lifestyles without having to leave the city limits.

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