72223, Little Rock, AR

The Little Rock zip code of 72223 has a median home value of $119,000 and a median home equity value of $77,000. These values are above the Arkansas state median home value of $92,500 and the national median home equity value of $81,200. The Little Rock zip code has a lower than average percentage of homeowners with a mortgage at just 62%. This is likely due to the high levels of home equity in this area.

There are many factors that contribute to the high levels of home equity in the 72223 zip code. One factor is that there are many affluent families living in this area. Another factor is that homes in this area are generally well-maintained and have low foreclosure rates. Additionally, there is a strong demand for housing in the 72223 zip code because it is located near many amenities, including jobs and schools.