71923, Arkadelphia, AR

Arkadelphia, AR is located in the 71923 zip code. According to the 2010 census, the population of Arkadelphia was 9,811. The median household income in Arkadelphia was $41,715. Home equity and home prices in Arkadelphia are important factors to consider when looking at buying a home or refinancing an existing mortgage.

Arkadelphia has a relatively low rate of home ownership compared to other cities in Arkansas. Only 54% of households own their homes compared to 62% of households nationwide. This may be due to the fact that Arkadelphia has a higher percentage of renters than homeowners. In addition, Arkadelphia's median home value is lower than most other cities in Arkansas. The median home value in Arkansas is $160,000 while the median home value in Arkendale is only $130,000. This could be attributed to several factors including lower incomes and less access to creditworthy buyers due to the city's high rate of foreclosure filings (6th highest out of all cities in Arkansas).

Despite these limitations, there are still many opportunities for buyers and sellers interested in purchasing or refinancing homes within the city limits of Arkadelphia. Home values have increased modestly over the past few years despite continued economic uncertainty nationally. The average increase from 2009-2013 was 2%. While this may not seem like much, it can add up over time if you are looking to purchase a home or refinance an existing mortgage within this city limits!

If you are considering buying or refinancing a property within the city limits of Arkadelphia we would be happy to provide you with information on current market conditions and trends so that you can make an informed decision about your housing options!