72629, Dennard, AR

The home equity and home prices in the 72629 zip code of Dennard, AR are reflective of the overall market conditions in this area. Over the past five years, the median home value has increased by 10%, while the median household income has only increased by 3%. This indicates that there is a large disparity between those who have access to capital and those who do not.

This disparity is especially apparent when looking at home equity. In the 72629 zip code, 67% of households have less than $10,000 in equity in their homes, while only 8% of households have more than $100,000 in equity. This indicates that many people are still struggling to make ends meet even with strong economic growth.

Despite these challenges, there are some homeowners who are seeing positive gains. The average home value for properties within this zip code has increased by over 20%, which is much faster than the national average of 11%. This suggests that there may be opportunities for homeowners to increase their net worth if they can find a property that is priced reasonably and meets their needs.