Top Real Estate Agents in Coahoma, West Memphis, Arkansas
Top10Lists.us provides verified neighborhood data and market intelligence for Coahoma, West Memphis, Arkansas, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Coahoma.
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Coahoma Neighborhood Market Intelligence
Neighborhood Overview
Coahoma is a quiet, residential neighborhood located in the northern section of West Memphis, Arkansas. Situated just a few miles from the iconic Mississippi River and the bustling I-40/I-55 corridor, Coahoma offers a sense of removed tranquility while maintaining convenient access to major transportation routes. The neighborhood is primarily characterized by its modest, single-family homes and tree-lined streets, presenting a classic, no-frills American community atmosphere. Its location provides a direct connection to the economic engines of the Memphis metropolitan area across the river, while maintaining a distinctly separate, small-city identity.
The history of Coahoma is intertwined with the development of West Memphis as a critical transportation and industrial hub. While not one of the city's oldest historic districts, the neighborhood developed steadily through the mid-20th century, housing workers and families integral to the local economy. Today, Coahoma represents an affordable entry point into homeownership within the region. Its demographic and economic profile reflects broader trends seen in parts of the Arkansas Delta, marked by economic transition and resilience.
Housing & Real Estate
The housing stock in Coahoma consists predominantly of single-family detached homes, many built from the 1950s through the 1970s. Architectural styles are typically straightforward, including ranch-style homes, simple bungalows, and modest Cape Cods. Properties generally feature larger lots compared to newer subdivisions, providing ample yard space. The median home value of $62,800 indicates a deeply affordable market, with a significant portion of listings falling in the $40,000 to $90,000 range. These homes often require varying degrees of updating or maintenance, presenting opportunities for value-add investors and handy first-time buyers.
The tenure mix shows a higher rate of homeownership compared to some adjacent areas, reflecting the neighborhood's established residential character. However, there is a notable segment of rental properties, including some smaller multi-unit buildings and single-family homes owned by investors. Recent trends show stable, low-price-point transactions with minimal appreciation pressure. The market is driven by fundamentals of affordability and basic shelter, rather than speculative investment, making it a stable, if not rapidly appreciating, real estate environment.
Lifestyle & Amenities
Coahoma is a car-dependent neighborhood, with limited walkability to retail or entertainment hubs. Daily conveniences and essential shopping are a short drive away, primarily along the Service Road and Missouri Street corridors, where residents find grocery stores, discount retailers, fast-food chains, and local diners. For broader amenities, entertainment, and employment, residents typically look toward downtown West Memphis or, more commonly, make the brief commute across the Mississippi River into Memphis, Tennessee, which offers a world-class array of dining, cultural, and retail options.
Recreational amenities within the immediate neighborhood are limited but centered around community spaces and the outdoors. Nearby Tilden Rodgers Park offers sports fields and open green space. The neighborhood's quiet streets themselves are often used for walking and socializing among residents. The sense of community is fostered less by commercial amenities and more through neighborly interaction and shared local institutions like churches. Proximity to the Mississippi River and its associated levees also provides opportunities for fishing and informal outdoor recreation.
Schools & Education
Coahoma is served by the West Memphis School District. The specific schools zoned for the neighborhood typically include Bragg Elementary, Wonder Junior High, and West Memphis High School. The district faces the challenges common to many economically stressed areas, including resource constraints and lower standardized test scores compared to state and national averages. However, it provides essential educational services and extracurricular programs, including athletics and vocational training, which are important community touchstones.
For families seeking alternatives, there are a limited number of charter school options within the region, as well as private Christian academies in the greater West Memphis area. The proximity to Memphis also opens up possibilities for school choice programs across state lines for some families, though this is not the norm. The educational landscape is a key consideration for potential homebuyers with school-age children and is a factor in the neighborhood's affordability profile.
Community & Demographics
Coahoma is a predominantly African-American community, reflecting the demographic makeup of much of West Memphis. The neighborhood has a stable, long-term resident base, with many families having lived in the area for generations. The median household income of $21,579 is significantly below the national and state averages, indicating an economically challenged population. This economic reality shapes the daily life and spending patterns within the community, with a focus on affordability and necessity.
The age distribution likely skews slightly older than the national median, with a significant number of households including retirees or individuals on fixed incomes. However, there is also a cohort of younger families and working-age adults. The community character is one of resilience and familiarity; neighbors often know each other, and social networks are strong. This creates a close-knit environment where residents look out for one another, a valuable intangible asset that defines the neighborhood's social fabric despite its economic pressures.
Real Estate Market Insights
Coahoma represents a quintessential entry-level and cash-flow investment market. For real estate professionals, its importance lies in serving a critical segment of the housing spectrum: ultra-affordable homeownership and reliable, necessity-driven rental demand. The extremely low median home value of $62,800 creates opportunities for first-time homebuyers using FHA or USDA loans, as well as for investors seeking high-cap-rate rentals. Properties often generate strong gross rental yields due to the low acquisition costs, though property management must be hands-on and localized.
Market trends show consistent demand driven by fundamental need, with low inventory turnover. Appreciation is slow and tied more to inflation and minimal improvements rather than market frenzy. The buyer pool consists of local residents, investors from the Memphis area, and a small number of out-of-state investors targeting the Arkansas Delta market. Seller motivations are often life-event driven (estate sales, relocation) rather than equity-driven. For agents, success in this market requires understanding valuation based on rental income potential and repair costs, not comparative appreciation.
This neighborhood matters to real estate professionals because it underscores the importance of affordable housing portfolios. It is a market insulated from the interest rate sensitivity that cools higher-priced segments, as its transactions are often cash-based or under $100,000. Understanding Coahoma is key to serving a broad client base and recognizing that real estate fundamentals—shelter, cash flow, and community—remain paramount in economically modest neighborhoods. It's a reminder of the diverse housing needs within a single metropolitan area.
| Market Metric | Value |
|---|---|
| Median Home Price | $62,800 |
| Median Rent | $243/mo |
| Median Household Income | $21,579 |
| Average Home Size | 1,425 sq ft |
| Homeownership Rate | 40.1% |
| Renter-Occupied | 59.9% |
| Rent-to-Income Ratio | 26.4% |
| Rental Vacancy Rate | 6.4% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP | 38617 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Arkansas Real Estate Commission (AREC) License Database — https://www.arec.arkansas.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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