72927, Booneville, AR

Booneville, AR is located in the 72927 zip code. The median home value in this zip code is $101,000. The median home equity in this zip code is $41,000. Home prices have been on the rise for Booneville residents over the past few years. In January of 2018, the average home price was up 6% from January of 2017. This increase can be attributed to a number of factors including low interest rates and increased demand from buyers and sellers.

The Booneville area has seen a steady increase in population over the past few years. This growth has led to an increase in demand for homes and property values. Booneville homeowners have benefited from these trends by seeing their home equity grow at a faster rate than inflation over the past few years. Booneville homeowners who are able to keep up with their mortgage payments can see their home equity grow significantly over time.

While Booneville homeowners have seen an increase in their home equity, there are still some areas where housing is more affordable than others within this zip code. Areas that are less expensive to live in include east side of town and west side of town which are both closer to downtown Booneville while areas such as south side of town and north side of town are more expensive due to being farther away from downtown amenities such as shopping and restaurants