Real Estate Investing in Cherry Valley, Arkansas (72324)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72324 (Cherry Valley, AR)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cherry Valley, AR (72324)?
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Market Analysis: 72324 Cherry Valley
The 72324 ZIP covers a section of Cherry Valley that demands careful diligence. Prices near $138K look accessible, but the work to make a deal cash flow is real.
Meanwhile, the numbers look inviting — $138K purchase price, 0.0% nominal cap — the work to hit that pro forma in 72324 is substantial and deserves full respect.
ZIP 72324's metrics run below Cross's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 72324 includes headwinds that any investor should price in. Income distribution skews lower than Cherry Valley averages, and tenant stability requires active management.
Strategically, 72324 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Cherry Valley:
Market Trends
Home Value History (with trend line)
📊 How Does 72324 Compare?
| Metric | 72324 | Cherry Valley | Arkansas |
|---|---|---|---|
| Home Value | $138,236 | $138,236 | $216,341 |
| 5-Year CAGR | 5.1% | 5.1% | 5.7% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.8% | 4.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72324 (Cherry Valley, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $138,236 |
| Monthly Rent | $846 |
| Price-to-Rent | 13.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +16.3% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 72324
Population: 1,951
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 72324
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is Cherry Valley, AR a good place for real estate investing?
Cherry Valley, AR rates 3.0/5 for investability. With median values at $138K and rents near $846/mo, the market offers reasonable fundamentals for rental investors.
Is Cherry Valley, AR good for house hacking?
House hacking works a challenging in Cherry Valley, AR. Rents of $846/mo against $138K acquisition make the strategy solid for owner-occupants.
Which real estate strategy fits Cherry Valley, AR?
In Cherry Valley, AR the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $138K prices and $846/mo rents suits that approach.
What are home prices like in Cherry Valley, AR?
Typical homes in Cherry Valley, AR go for around $138K. The 5-year CAGR of 0.0% stable price movement.
Is vacancy a concern in Cherry Valley, AR?
Vacancy in Cherry Valley, AR is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $846/mo.
You know 72324 now. You don’t know where it ranks.
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