72432, Harrisburg, AR

The Harrisburg, AR 72432 zip code has a population of around 36,000 people and is located in the southeast corner of the state. Home prices in this area have been on the rise for many years now and are considered to be some of the most expensive in the state. In fact, according to Zillow, the median home value in this zip code is $269,900 which is more than double the statewide median home value of $119,600.

One reason that home prices in Harrisburg have been so high is because there are a lot of affluent residents living here. The city itself has a population that is mostly white collar workers and professionals which means that there are plenty of people who can afford to buy a house here. Additionally, many people who live here commute to jobs outside of Harrisburg so they don’t need as much space as someone who lives here full time. As a result, homes tend to be smaller and more affordable than they would be if there were more people living here full time.

Despite all these factors contributing to high home values in Harrisburg, it’s important not to overvalue these properties. After all, even if prices continue to rise rapidly it’s still possible for someone to buy a house for less than their current value if they are patient enough. Additionally, while it may be difficult for some people to sell their homes now due to high demand there could still be opportunities down the road when interest rates start dropping again or when another recession hits.