ZIP Code Market Report
72531 — Elizabeth, AR
Data through February 2026 · Updated monthly
Avg Home Value
$235,577
▼ 2.6% year-over-year
Month-over-Month
-1.6%
▼ 1.6%
Single Family
$233,316
Condo / Co-op
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The average home value in the 72531 ZIP code (Elizabeth, ARKANSAS) is $235,577 as of February 2026. Home prices are declining, down 2.6% compared to last year.
The market in 72531 has a $193,487 spread between bottom-tier homes at $163,853 and top-tier homes at $357,341. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 72531 ZIP code will increase 0.4% over the next 12 months, bringing the projected average to approximately $236,519. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Fulton County market area in ARKANSAS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Fulton County report.
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Market Snapshot
72531 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $237,129 | $239,431 | $235,577 | ▼ 0.7% |
| Single Family Value | $229,639 | $231,842 | $233,316 | ▲ 1.6% |
Home Values
72531 Home Value Trend
Historical home values for ZIP code 72531. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 72531
How different property types compare in this ZIP code.
All Homes
$235,577
Single Family
$233,316
Bottom Tier
$163,853
Top Tier
$357,341
Forecast
12-Month Home Value Forecast for 72531
Zillow projects home values in 72531 will increase 0.4% over the next year, reaching approximately $236,519.
Current Value
$235,577
Projected Change
+0.4%
▲ 0.4%
Projected Value
$236,519
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 72531 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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