72845, Knoxville, AR

Knoxville, AR is located in the 72845 zip code. According to the 2010 census, the population of Knoxville was 97,851. The median household income was $50,811 and the median family income was $60,000. Home prices in Knoxville have been increasing steadily over the past few years. In May of 2016, home prices were at an all-time high with an average price of $183,500. In October of 2017, home prices had increased by another 5% to reach an average price of $190,000.

There are a number of factors that contribute to home prices in Knoxville increasing over time. One reason is that there is a limited supply of homes available for sale in this area which has resulted in increased demand from buyers. Additionally, Knoxville has a strong economy with low unemployment rates which has led to more people being able to afford homes than ever before. Finally, many people who live in Knoxville are able to take advantage of low interest rates which also contributes to higher home values.