72333, Elaine, AR

The 72333 zip code of Elaine, Arkansas is located in the northwestern part of the state. The population of this zip code was 9,827 as of the 2010 census. The median home value in this zip code is $128,900, which is above the Arkansas median home value of $101,200. Home equity in this zip code has increased by 21% over the past five years. This increase can be attributed to a number of factors including an increase in home prices statewide and an increase in home equity loans available to consumers.

Elaine is a small town that was founded in 1892. It has a population of just over 10,000 people and is located about 25 miles northwest of Little Rock. The economy in Elaine is based largely on agriculture and tourism. There are several small businesses located in Elaine that provide services to residents and tourists alike.

There are a number of factors that have contributed to the growth of home equity values in Elaine over the past five years:

1) Nationwide trends have been positive for both home prices and home equity values;

2) There has been an increase in available credit for consumers;

3) Population growth within the area has led to increased demand for housing;

4) Economic conditions within Arkansas have been generally favorable during this time period; and

5) Prices for homes within Elaine have continued to rise faster than average rates across Arkansas as well as nationally.