72127, Plumerville, AR

The 72127 zip code of Plumerville, AR has a population of around 2,000 people. The median household income in this zip code is $41,821, and the median home value is $128,900. The percentage of homes in this zip code that are owner-occupied is around 68%, and the percentage of homes that are renter-occupied is around 32%.

There has been a significant increase in home equity and home prices in the 72127 zip code over the past five years. In 2012, the median home value was $105,000. By 2016, the median home value had increased to $128,900. This represents an increase of over 50%. Over this same period of time, the percentage of homes that are owner-occupied has increased from 63% to 68%, while the percentage of homes that are renter-occupied has decreased from 33% to 32%.

One reason for this increase in home values may be due to increasing demand for housing in Plumerville. The population growth rate for this zip code is above average compared to other areas of Arkansas. Additionally, there is a high concentration of jobs and businesses in this area which may also contribute to increased demand for housing.

Another potential factor contributing to these increases in home values may be low interest rates. Since 2008, interest rates have been relatively low which may have helped stimulate investment into residential properties within the 72127 zip code. Low interest rates can also help encourage homeowners who want to sell their property to do so at a higher price than they would have otherwise been able to achieve.