Wynne, Arkansas Real Estate & Housing Market

Wynne, AR Listings

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Wynne Housing Information

Index	Wynne	Arkansas	National
Median home price	$86,400	$114,700	$184,700
Median rent asked	$708	$689	$949
Avg. people per household	2.6	2.5	2.6
Owner occupied households	54.8%	65.7%	63.6%
Renter occupied households	45.2%	34.3%	36.4%

Above, you'll find an overview of the real estate market in Wynne, AR. Generally, real estate in the Wynne, AR area is more affordable in Arkansas, as the median price of a home in Wynne, AR is $86,400, which is 25% lower than the Arkansas average. The median rental price in Wynne, AR is $708. This is 3% higher than the average rental price in Arkansas. Home owners comprise 54.8% of the population of Wynne, AR, where an average of 2.6 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Wynne, AR. Below, you can search for real estate listings in Wynne, AR using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Wynne Home Affordability

When searching for real estate in Wynne, AR, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Wynne, AR, the median house price is $86,400, while the median income for households in the area is $40,086. Therefore, the ratio of house price to income is 2.2x; this ratio is 20% lower than the average in Arkansas. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Wynne, AR.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Widener, AR	326	$30,000	84%
Madison, AR	866	$30,700	83%
Hickory Ridge, AR	208	$39,300	79%
Colt, AR	455	$49,400	73%
Parkin, AR	962	$55,600	70%
Wynne, AR	8,195	$86,400	53%

Cities with similar population

City, State	Population	Home Price	National Avg.
Ketchikan, AK	8,189	$232,500	26%
Hillsdale, MI	8,203	$81,800	56%
Fort Belvoir, VA	8,204	$0	100%
Rolling Hills Estates, CA	8,206	$1,096,400	494%
Croton-on-Hudson, NY	8,209	$519,400	181%
Wynne, AR	8,195	$86,400	53%

Source: The Wynne, AR housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).