Location: Sharp County, AR | Metro: Independence County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 72521 is set to favor sellers over the next 12-24 months, given the current median home value of $172,880. The fact that only 0.1% of listings have been reduced signals a strong seller's market where pricing power remains robust. Landlords and small-portfolio investors can expect to maintain their current pricing levels without significant concessions.
The median days on market (DOM) being listed as 'N/A' suggests either a very active market with homes selling quickly or an insufficient sample size to determine an accurate median. Both scenarios indicate that homes are likely moving off the market rapidly, further supporting the notion of a favorable environment for those looking to sell or hold properties at stable values.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $910, while the current market rent stands at $788, based on Census ACS data. This gap between the FMR and the actual market rent suggests potential upward pressure on rental rates, aligning with the trend of increasing rents in the area. Investors should anticipate that rental income could rise to meet the FMR level, providing a positive outlook for cash flow.
For long-term investors, the setup implies a realistic appreciation thesis. The low percentage of price reductions and the rapid sale times suggest that property values are unlikely to decline significantly. Instead, there is a solid foundation for modest appreciation, especially if economic conditions remain stable and demand for housing continues to outpace supply.
In summary, the current data points towards a market that will continue to support strong pricing power and potentially rising rental incomes. Long-hold investors in ZIP 72521 can expect their properties to retain value and possibly appreciate over the next couple of years, making it a prudent investment location.
Data Sources: FMR data from HUD (2027). 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.