71845, Lewisville, AR

The Lewisville, AR 71845 zip code has a median home value of $146,000 and a median home equity of $101,000. The Lewisville area has seen an increase in home values over the past five years, with a growth rate of 5.5%. This is likely due to the influx of new residents and businesses into the area as well as strong job growth.

Home prices in the Lewisville zip code are generally higher than those in surrounding areas. This is likely due to the presence of major employers such as Lockheed Martin and Toyota Motor Manufacturing Arkansas (TMMA), which attract high-quality employees and contribute to strong economic growth. Additionally, Lewisville is located within close proximity to both Dallas and Little Rock, two large metropolitan areas with a large population of potential homebuyers.

Despite these factors, there are still some opportunities for buyers in the Lewisville area. For example, although home values have increased significantly over the past few years, there are still plenty of homes available for purchase at reasonable prices. Additionally, although Lewisville is located within close proximity to larger cities with more diverse housing options, it also offers plenty of rural neighborhoods that are perfect for families looking for peace and privacy.