72473, Tuckerman, AR

The 72473 zip code of Tuckerman, AR is located in the northwest corner of the state. The area has a population of just over 2,000 people and an average household income of just over $50,000. Home prices in the zip code have increased by an average of 9% annually over the past five years. This has led to a median home value of just under $100,000.

The primary drivers behind this increase in home values are strong economic growth and low interest rates. The area has seen steady job growth over the past few years, which has helped to drive up demand for homes and property values. Additionally, Tuckerman is located in a desirable location that is close to major metropolitan areas such as Little Rock and Memphis. This has helped to attract wealthy individuals and families who are looking for quality homes at reasonable prices.

There are some risks associated with this rapid appreciation in home values, including potential market saturation and increased competition from other buyers seeking to purchase similar properties. However, overall it seems that the Tuckerman area is experiencing healthy housing market growth that should continue into the future.