71937, Cove, AR

The home equity and home prices in the 71937 zip code of Cove, AR are quite high. The median home value in this zip code is $208,000, which is significantly higher than the Arkansas average of $157,500. Additionally, the percentage of homes that are owner-occupied in this zip code is above the Arkansas average of 66%. This indicates that many residents in this area are able to afford to buy or build a home.

One reason for the high home values and homeowner status in this area may be due to Cove's proximity to major cities such as Little Rock and Memphis. These cities have a large population and are likely to continue growing over time, which will lead to more demand for housing and consequently higher home values. Additionally, Cove has a strong economy with many businesses located there. This contributes to increased income levels and therefore greater ability to purchase a home.