72404 — Craighead County, Arkansas Market Snapshot
Housing market data for zip code 72404 in Craighead County, Arkansas. Updated monthly with median prices, days on market, and more.
Market Sales Data
125 sales in 2026 (year to date)
Median Sale Price
$279,900
Days to Sell
73
Homes Sold
125
Inventory
130
Sale-to-List
99.5%
New Listings
166
Price/SqFt
$148
Pending Sales
150
Conforming Loan Available
Most homebuyers in 72404 can comfortably use conventional financing. The median home price of $279,900 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
With homes sitting for 73 days on average, 72404 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 72404 (99.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 72404 can comfortably use conventional financing. The median home price of $279,900 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 72404 are set at the county level.
2026 Loan Limits — Craighead 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 72404
To purchase the median home at $279,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,295.
Monthly Payment
$2,295
Income Required
$98,336
Principal & Interest
$1,725/mo
Down Payment (5%)
$13,995
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 72404.
Estimated Monthly Payment
$1,882
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 72404. Tell us what you're looking for.