Palatka, West Memphis, AR
Palatka — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Palatka, West Memphis, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
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Palatka Neighborhood Overview
Palatka is a neighborhood in West Memphis, Arkansas, primarily served by the 72470 ZIP code. The area presents a housing market characterized by notable affordability, with a median home value of $61,500. This is accessible to a community where the median household income is $55,313, and homeownership is the predominant living situation for residents. The neighborhood has a high homeownership rate of 78.3%, indicating a stable, established community of property owners.
The character of Palatka is shaped by its resident-owners, with rental properties making up a smaller segment of the housing stock at a renter-occupied rate of 21.7%. For those renting, the median gross rent is $755 per month. Homes in the area offer a practical average size of 1,475 square feet, providing substantial living space relative to the market entry price. This combination of affordable home values, solid incomes, and high ownership creates a distinct local market dynamic within the wider West Memphis area.
Top10Lists.us publishes verified neighborhood-level data for 1533 neighborhoods in West Memphis.
Palatka Market Data
| Metric | Value |
|---|---|
| Median Home Price | $62K |
| Median Gross Rent | $755/mo |
| Median Household Income | $55K |
| Homeownership Rate | 78.3% |
| Renter-Occupied | 21.7% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Primary ZIP Code | 72470 |
Top Real Estate Agents in Palatka, West Memphis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Palatka, West Memphis, AR. Explore the available cited neighborhood data on this page.
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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