71603, Pine Bluff, AR

The Pine Bluff, AR 71603 zip code has a median home value of $101,500. This is lower than the Arkansas median home value of $130,000. The 71603 zip code also has a lower percentage of homes with a mortgage than the Arkansas median of 66%. This suggests that more homes in the 71603 zip code are owned outright or through a mortgage loan.

There are several factors that could contribute to the lower median home values in the 71603 zip code. One possibility is that there are fewer homes for sale in this area, which could lead to higher prices due to demand. Additionally, homeowners may be able to afford smaller mortgages relative to other areas because of the low home values in this area. Finally, it's possible that some homeowners have taken out second mortgages or equity loans in order to maintain their homes in good condition or upgrade them over time.