Real Estate Investing in Barling, Arkansas (72923)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 72923 (Barling, AR)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.3% vacancy may signal weakening demand.
What’s happening in Barling, AR (72923)?
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Market Analysis: 72923 Barling
Not every below-median market is a bargain. Barling's 72923 ZIP records signals that favor experienced operators who can absorb the risk $197K pricing implies.
For an experienced owner, 72923 can be a worth a close look for hunting ground — but the discount at $197K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Barling have seen price recovery that 72923 has not matched. Sebastian County data supports the view that the spread is structural rather than temporary.
The demographic picture in 72923 includes headwinds that any investor should price in. Income distribution skews lower than Barling averages, and tenant stability requires active management.
The 72923 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Barling:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 72923 Compare?
| Metric | 72923 | Barling | Fort Smith, AR-OK | Arkansas |
|---|---|---|---|---|
| Home Value | $196,522 | $196,522 | N/A | $216,341 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 5.7% |
| Avg Rent | $1,083 | $1,083 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 72923 (Barling, AR). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $196,522 |
| Monthly Rent | $1,083 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (4.3%). 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 72923
Population: 4,971
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 72923
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 897 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Barling, AR?
Yes - Barling, AR a 3.0/5 investability score. With $197K home prices against $1,083/mo monthly rent, the market delivers a reasonable entry point for new investors.
Where do rents currently stand in Barling, AR?
Investors in Barling, AR typically see rents near $1,083/mo per month against $197K home values - a solid setup for rental cash flow.
What is the tenant pool like in Barling, AR?
The tenant pool in Barling, AR is solid, supported by local employment and population fundamentals. Rents of $1,083/mo are well-absorbed by the market.
How much does a house cost in Barling, AR?
In Barling, AR the median home value sits at $197K. Against the broader AR market, that reads as reasonable for most investors.
What approach is best for Barling, AR real estate?
The best-fit strategy in Barling, AR is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 72923 now. You don’t know where it ranks.
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How 72923 ranks in Fort Smith, AR-OK
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