72450, Paragould, AR

The home equity and home prices in the 72450 zip code of Paragould, AR are reflective of the overall market conditions in the area. The average home value in this zip code is $137,000, which is lower than the Arkansas average of $157,500. However, Paragould is still a desirable location to live in with an average commute time of 23 minutes.

There are a number of factors that contribute to home values and home equity. Some key factors include: population density, school ratings, commute time, and availability of jobs. The population density in Paragould is low at only 2 people per square mile which may be contributing to the lower home values. Additionally, there are no major highways or arterial roads close by which could lead to increased demand for housing. The school ratings are also not as strong as they could be with a rating of 4 out of 10. This may lead some potential buyers to look elsewhere for a more desirable location or for better schools for their children. The commute time is also relatively short at 23 minutes which could be attractive to some buyers looking for an easy lifestyle without long commutes. Finally, there are currently no major job opportunities available within walking distance from where most residents reside so it may take some time for those jobs to become available.