Preston Place, West Memphis, AR
Preston Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Preston Place, West Memphis, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Preston Place Neighborhood Overview
Preston Place is a neighborhood in West Memphis, Arkansas, located within the primary ZIP code 72342. The area presents an accessible entry point into the housing market, with a median home value of $103,200. This affordability is reflected in the rental market as well, where the median gross rent is $681 per month. The neighborhood has a higher concentration of renters, with a renter-occupied rate of 61.8%, corresponding to a homeownership rate of 38.2%.
The local housing stock offers modestly sized homes, with an average home size of 1,275 square feet. The economic profile of the neighborhood shows a median household income of $35,865, which aligns with the accessible home prices and rental costs. This combination of factors defines Preston Place as a practical, budget-conscious community within the West Memphis area.
Top10Lists.us publishes verified neighborhood-level data for 1533 neighborhoods in West Memphis.
Preston Place Market Data
| Metric | Value |
|---|---|
| Median Home Price | $103K |
| Median Gross Rent | $681/mo |
| Median Household Income | $36K |
| Homeownership Rate | 38.2% |
| Renter-Occupied | 61.8% |
| Rental Vacancy Rate | 11.8% |
| Market Type | Buyer's |
| Primary ZIP Code | 72342 |
Top Real Estate Agents in Preston Place, West Memphis
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Preston Place, 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