72414, Black Oak, AR

The Black Oak, AR 72414 zip code has a median home value of $119,000. This is lower than the Arkansas median home value of $157,500 and the national median home value of $177,200. The Black Oak, AR 72414 zip code also has a lower percentage of homeowners with a mortgage than the Arkansas and national percentages. Approximately 58% of homes in the Black Oak, AR 72414 zip code are owner-occupied while 42% are occupied by renters.

There is a significant disparity between home values in Black Oak and other parts of Arkansas. The median home value in the White River Valley is approximately $160,000 while the median home value in the Little Rock metropolitan area is approximately $225,000. This disparity may be due to several factors including population density and access to amenities.

Home prices have been increasing over the past five years in Black Oak but they have not increased as quickly as they have in other parts of Arkansas. In fact, according to Zillow’s Home Value Index for ZIP Codes across America (ZHVI), Black Oak ranks #106 out of 522 ZIP Codes with an increase from January 2017 through January 2018 of 2%.