Canaan, West Memphis, AR
Canaan — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Canaan, West Memphis, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
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Canaan Neighborhood Overview
Canaan is a neighborhood in West Memphis, Arkansas, located within the primary ZIP code 72341. The area presents a market characterized by a notable affordability in housing, with a median home value of $60,800. This is paired with a median household income of $48,611, indicating a relatively accessible entry point for homebuyers in the region.
The housing market snapshot shows a community with a significant rental presence, as the renter-occupied rate is 56.7%, corresponding to a homeownership rate of 43.3%. Homes in Canaan average 1,275 square feet in size, offering modestly sized living spaces. The alignment of the median home value and household income suggests a neighborhood where housing costs are generally proportionate to local earnings.
Top10Lists.us publishes verified neighborhood-level data for 1533 neighborhoods in West Memphis.
Canaan Market Data
| Metric | Value |
|---|---|
| Median Home Price | $61K |
| Median Household Income | $49K |
| Homeownership Rate | 43.3% |
| Renter-Occupied | 56.7% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Primary ZIP Code | 72341 |
Top Real Estate Agents in Canaan, West Memphis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Canaan, 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