72454, Piggott, AR

The Piggott, AR 72454 zip code has a population of approximately 2,000 people. The median household income in the 72454 zip code is $42,500. The median home value in the 72454 zip code is $128,000.

There has been a steady increase in home values over the past few years in the Piggott, AR 72454 zip code. In January of 2016, there was a 3% increase in home values from January of 2015. In December of 2016 there was an 8% increase in home values from December of 2015. This trend seems to be continuing into 2017 with an estimated 5% increase in home values as of February 2017.

One reason for this steady rise in home values may be due to low interest rates and increasing demand for housing stock nationwide. Additionally, many homeowners are able to borrow against their homes equity which can help them afford larger homes or more expensive renovations than they would have been able to do without access to equity financing.

Despite these positive trends, it is important to keep in mind that not all homeowners are experiencing increases in their home values at the same rate or even at all. There are certain neighborhoods within the Piggott, AR 72454 zip code that have seen much higher increases than other areas within the same city limits and this can lead to some residents feeling displaced or like they are losing out on potential gains due to competition from wealthier neighbors.

Overall though, it seems that homeownership and home prices continue to rise steadily throughout most parts of the United States which could mean good news for those looking to purchase a property or invest in real estate within this market segment moving forward