72016, Bigelow, AR

The Bigelow, AR 72016 zip code has a median home value of $119,000. This is lower than the Arkansas median home value of $157,500. The 72016 zip code also has a lower home equity percentage than the Arkansas median home equity percentage of 69%. This indicates that there are more homes in the 72016 zip code that are worth less than their mortgages.

There are several factors that could contribute to this trend. One possibility is that there are more homes in the 72016 zip code that have been foreclosed on or are in foreclosure proceedings. Another possibility is that there are more homes in the 72016 zip code that have been purchased at a discount by people who do not have enough money to pay for them outright.

Whatever the reason may be, it appears that the homes in the 72016 zip code are not as valuable as they used to be. This could impact how people feel about buying or selling property in this area, and could have an impact on prices over time.