Location: Hot Spring County, AR | Metro: Clark County, AR
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,310 | $269,954 | 0.49% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 71929 suggests a market where pricing power remains firmly in the hands of sellers over the next 12-24 months. With a median home value of $225,120, only a minuscule 0.2% of listings have seen price reductions, indicating that the local housing market is robust and resilient. The fact that the median days on market (DOM) is listed as N/A could imply either very quick sales or a low volume of transactions, both of which support the notion of strong seller's market conditions.
On the rental side, the Forward Market Rate (FMR) for ZIP 71929 is projected at $1,010 for fiscal year 2026, significantly higher than the current market rate of $816. This gap signals potential upward pressure on rents, aligning with the general trend towards higher rental costs as the area becomes more desirable. Landlords can expect to see gradual increases in rental income as the market adjusts to the anticipated FMR levels.
For long-term investors, the setup in ZIP 71929 implies a realistic appreciation thesis. The combination of stable home values and rising rents suggests that the property values are likely to appreciate as demand for housing grows. However, the limited number of listings being reduced in price also indicates that there is little room for significant price drops, thereby reducing the risk of capital depreciation. Long-hold investors should anticipate a steady growth in asset value, driven by sustained demand and the potential for rental income increases.
In summary, the data points to a market where sellers maintain considerable pricing power due to low reductions in listing prices and potentially swift sales. Rental dynamics further support this view, with future rates expected to outpace current ones, providing an additional layer of financial stability for property owners. The overall environment favors those looking to hold properties for the long term, offering a solid foundation for asset appreciation.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.