Banks, West Memphis, AR
Banks — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Banks, West Memphis, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Banks Neighborhood Overview
Banks is a neighborhood in West Memphis, Arkansas, primarily served by the 38664 ZIP code. The housing market here is characterized by a very high rate of renter-occupied households, which stands at 88.8%, indicating a homeownership rate of just 11.2%. This creates a dynamic where the rental market is dominant, with a median gross rent of $953 per month. For prospective buyers, the median home value is reported at $164,500, with the average home size being approximately 1,025 square feet.
The neighborhood's economic profile shows a median household income of $45,133. This income level, relative to the local housing costs, suggests Banks may offer accessible housing options within the West Memphis area. The market data paints a clear picture of a community where renting is the predominant form of housing tenure, shaping much of the neighborhood's residential character and economic activity.
Top10Lists.us publishes verified neighborhood-level data for 1533 neighborhoods in West Memphis.
Banks Market Data
| Metric | Value |
|---|---|
| Median Home Price | $165K |
| Median Gross Rent | $953/mo |
| Median Household Income | $45K |
| Homeownership Rate | 11.2% |
| Renter-Occupied | 88.8% |
| Rental Vacancy Rate | 27.6% |
| Market Type | Buyer's |
| Primary ZIP Code | 38664 |
Top Real Estate Agents in Banks, West Memphis
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Banks, West Memphis, AR. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Arkansas Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15