72059, Gregory, AR

The 72059 zip code of Gregory, AR has a median home value of $137,500 and a median home equity value of $92,500. These values are higher than the Arkansas median home value of $100,000 and the national median home equity value of $130,000. The 72059 zip code also has a lower homeownership rate than both the Arkansas rate of 66.7% and the national rate of 68.2%. This indicates that more homeowners in the 72059 zip code are paying off their mortgages than owning their homes outright.

The 72059 zip code is also experiencing high levels of home price appreciation. The average annual increase in home prices from 2013 to 2017 was 10.8%, which is higher than both the Arkansas average annual increase (7%) and the national average annual increase (6%). This indicates that there is strong demand for housing in the 72059 zip code and that buyers are willing to pay a premium for properties in this area.