72126, Perryville, AR

Perryville, AR is located in the 72126 zip code and has a population of approximately 3,000. The median household income in the 72126 zip code is $39,000 and the median home value is $140,000. Approximately 45% of households in the 72126 zip code have a mortgage and 55% of households own their home outright.

The average interest rate on a mortgage in the 72126 zip code is 4.24%. The average home value appreciation rate over the past five years has been 9.5%. Over the past year, Perryville has seen an increase in housing prices of 2.8%.

There are several factors that contribute to increased housing prices in Perryville: low unemployment rates (3%), strong economy (4th highest GDP growth rate in Arkansas), limited inventory (due to high demand), and strong local economy (high concentration of businesses). Additionally, Perryville is located within close proximity to major metropolitan areas such as Little Rock and Memphis which can also contribute to increased demand for homes.