Real Estate Investing in Greenwood, Arkansas (72936)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Sebastian County • Population: 14,182 • Data updated: September 2026

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Should you buy in 72936 (Greenwood, AR)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Greenwood, AR (72936)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $241,924
Avg Monthly Rent $1,222
1% Rule ✗ Does Not Meet
Median Income $68,125
% Renters 22.4%

Market Analysis: 72936 Greenwood

Investors eyeing 72936 need to respect the fundamentals at play. Home values of $242K come alongside slower price movement and elevated management overhead.

The investment case in 72936 is solid only for operators who understand what they are buying. A $242K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Greenwood have seen price recovery that 72936 has not matched. Sebastian County data supports the view that the spread is structural rather than temporary.

Turning to rents, 14,182 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Greenwood's stable or hybrid ZIPs before stepping into 72936. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Greenwood:

B Good
Buy Confidence Score: 73/100
Affordability
15/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,222/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Fort Smith, AR-OK Metro Area
More inventory, negotiating room for buyers
81 days
Average time to sell
Slow
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Fort Smith, AR-OK metro data

Market Trends

Home Value History (with trend line)

$253K$227K$200K$173K$146K$120KJun 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,240$1,194$1,147$1,100$1,053$1,007Jul 2025Jan 2026Jul 2026

📊 How Does 72936 Compare?

Metric 72936 Greenwood Fort Smith, AR-OK Arkansas
Home Value $241,924 $241,924 N/A $216,341
5-Year CAGR 5.3% 5.3% N/A 5.7%
Avg Rent $1,222 $1,222 N/A -
Cap Rate 3.9% 3.9% - -
💡 Why Invest in 72936? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 72936 (Greenwood, AR). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.9%
Low
5yr Growth
+5.3%
Moderate

📊 Market Snapshot

Home Value $241,924
Monthly Rent $1,222
Price-to-Rent 16.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.1%
Cap Rate 3.9%
5-Year IRR 9.3%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +5.3% ▲
10-Year CAGR +5.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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.

Vacancy
7.8%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.3%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 72936

Population: 14,182

💰 Median Household Income
$68,125
This area
$68,125
State
$52,981
USA
$74,580
🏠 Renter Occupied
22.4%
This area
22.4%
State
24.2%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-21.7%
USA
3.7%
🎓 College Educated
25.7%
This area
25.7%
State
-9.2%
USA
33.7%
👤 Median Age
38.7 years
This area
38.7 years
State
3.7 years
USA
38.9 years
🏚️ Vacancy Rate
7.8%
This area
7.8%
State
22.6%
USA
10.5%
👥 Population by Ethnicity
White 87.8%
Other/Mixed 11.1%
Hispanic/Latino 5.7%
Black/African American 0.9%
Asian 0.1%
👶 Under 18
24.7%
This area
24.7%
USA
22.0%
👴 65 and Over
19.5%
This area
19.5%
USA
17.3%
📊 Poverty Rate
6.1%
This area
6.1%
USA
11.5%

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 72936

B Avg School Grade
5 Schools
15.9:1 Avg Class Size
$11,055 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

GREENWOOD HIGH SCHOOL

📚 09 – 12 High School
👥
1,181 Students
👨‍🏫
8.7:1 Class Size
💰
$11,055 Per Student
B Good

EAST POINTE ELEMENTARY SCHOOL

📚 K – 04 Elementary
👥
700 Students
👨‍🏫
17.8:1 Class Size
💰
$11,055 Per Student
B Good

GREENWOOD JUNIOR HIGH SCHOOL

📚 07 – 08 Middle
👥
627 Students
👨‍🏫
15.7:1 Class Size
💰
$11,055 Per Student
B Good

EAST HILLS MIDDLE SCHOOL

📚 05 – 06 School
👥
593 Students
👨‍🏫
18.9:1 Class Size
💰
$11,055 Per Student
C+ Average

WESTWOOD ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
815 Students
👨‍🏫
18.4:1 Class Size
💰
$11,055 Per Student
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

2 Nearby
C
Arkansas Colleges of Health Education
826 students · 10.1 mi
C
Designer Barber & Stylist School
91 students · 14.1 mi

Frequently Asked Questions

Does Greenwood, AR make sense for an investment property?

Our data puts Greenwood, AR at 3.0/5 for investability. Home prices of $242K and rents around $1,222/mo create a solid backdrop for investor activity.

Does Greenwood, AR favor landlords or tenants?

AR law landlord-friendly for landlords, and Greenwood inherits those rules. Investors should still review local ordinances for rental licensing.

What do landlords charge for rent in Greenwood, AR?

Average rent in Greenwood, AR is approximately $1,222/mo per month. Against $242K home values that yields a reasonable rent-to-price ratio.

What is the tenant pool like in Greenwood, AR?

Greenwood, AR offers a reliable renter base at the $1,222/mo rent level. Tenant turnover is reasonable for well-managed properties.

What investment strategy works best in Greenwood, AR?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Greenwood, AR. The numbers - $242K homes against $1,222/mo rents - support that play.

You know 72936 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 72936 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 72936 ranks in Fort Smith, AR-OK

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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