72023 — Lonoke County, Arkansas Market Snapshot
Housing market data for zip code 72023 in Lonoke County, Arkansas. Updated monthly with median prices, days on market, and more.
Market Sales Data
193 sales in 2026 (year to date)
Median Sale Price
$260,000
Days to Sell
59
Homes Sold
193
Inventory
202
Sale-to-List
98.4%
New Listings
244
Price/SqFt
$148
Pending Sales
207
Conforming Loan Available
Most homebuyers in 72023 can comfortably use conventional financing. The median home price of $260,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
72023's market is balanced with homes taking an average of 59 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 72023 (98.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 72023 can comfortably use conventional financing. The median home price of $260,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 72023 are set at the county level.
2026 Loan Limits — Lonoke County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 72023
To purchase the median home at $260,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,142.
Monthly Payment
$2,142
Income Required
$91,802
Principal & Interest
$1,602/mo
Down Payment (5%)
$13,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 72023.
Estimated Monthly Payment
$1,759
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