Real Estate Investing in Eureka Springs, Arkansas (72631)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72631 (Eureka Springs, AR)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 28.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Eureka Springs, AR (72631)?
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Market Analysis: 72631 Eureka Springs
The 72631 ZIP in Eureka Springs, AR is a local-operator market. Outside capital chasing a $313K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 72631 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 72631 sits on the difficult end of the AR spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 72631 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 72631 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Eureka Springs:
Property Strategy for 72631
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $227,180 | $960 | 3.0% | +9.1% | $113,590 |
| 3BR | $337,564 | $1,150 | 2.5% | +9.2% | $112,521 |
| 4BR | $463,326 | $1,350 | 2.1% | +9.6% | $115,832 |
Market Trends
Home Value History (with trend line)
📊 How Does 72631 Compare?
| Metric | 72631 | Eureka Springs | Arkansas |
|---|---|---|---|
| Home Value | $312,827 | $317,522 | $216,341 |
| 5-Year CAGR | 4.4% | 4.2% | 5.7% |
| Avg Rent | $864 | $882 | - |
| Cap Rate | 2.2% | 2.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 72631 (Eureka Springs, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $312,827 |
| Monthly Rent | $864 |
| Price-to-Rent | 30.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | -0.8% ▼ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.2%). 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 72631
Population: 4,084
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
Frequently Asked Questions
How much do tenants pay in Eureka Springs, AR?
Investors in Eureka Springs, AR typically see rents near $864/mo per month against $313K home values - a solid setup for rental cash flow.
Is Eureka Springs, AR good for landlords?
Eureka Springs, AR operates under AR law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
What is the investability score for Eureka Springs, AR?
With a 3.0/5 investability score, Eureka Springs, AR ranks as a solid market for rental property investors. Median prices of $313K and rents of $864/mo drive the underlying numbers.
Is house hacking profitable in Eureka Springs, AR?
The a challenging house-hack environment in Eureka Springs, AR reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Is vacancy a concern in Eureka Springs, AR?
Occupancy in Eureka Springs, AR runs steady with elevated vacancy. Well-priced units at $864/mo lease on reasonable timelines.
You know 72631 now. You don’t know where it ranks.
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