Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$159,668+0.2% YoY · prices are flat
Market right nowBalanced marketFewer homes for sale than last year, 10% have cut their price
Income needed to buy, per year$34,613About 0.6× the local median income ($62,279): affordable for a typical household
Days on market58 daysSlower than a year ago: buyers have time to negotiate
The typical home in Cleveland County, AR is worth $159,668, about the same as a year ago. That is well below what local incomes have historically supported: fair value is about $194,651, so the area is 18.0% undervalued. It is a balanced market: homes take about 58 days to sell, listings are down 5% from a year ago, 10% of listings have had a price cut. A household needs about $34,613 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,279. In the latest IRS figures, 51 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$159,668
Change in 1 year
+0.2%
Overvalued %
−18.0%
Show 6 more
Fair home value
$194,651
Change in 5 years
−3.9%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$865
Income needed to afford it
$34,613
Property tax rate
0.48%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$909
Market activity
Listings vs a year ago
−5.0%
Days on market
58
Listings with a price cut
10.3%
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Homes for sale
19
Pending sales per 100 listings
11
Asking price per sq ft
$111
People and jobs
Median household income
$62,279
Population change (1 year)
−2.0%
Unemployment rate
2.2%
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Population
7,224
Income adjusted for cost of living
$75,035
Net moves in (IRS)
−51
Cost of living (US = 100)
83.0
Schools, risk and environment
School rating (1 to 10)
6.9
FEMA hazard risk score (0 to 100)
9.5
Flood risk score
13.9
Show 3 more
Wildfire risk score
25.4
Walkability (1 to 20)
3.4
Road, rail and air noise
52 dB
Questions people ask
Is Cleveland County, AR overvalued?
Home prices in Cleveland County, AR are well below what local incomes have historically supported: fair value is about $194,651, so the area is 18.0% undervalued.
Is Cleveland County, AR a buyer's or seller's market?
Cleveland County, AR is a balanced market: homes take about 58 days to sell, listings are down 5% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Cleveland County, AR?
Home values in Cleveland County, AR are up 0.2% over the last year.
How much do you need to earn to buy a home in Cleveland County, AR?
A household needs about $34,613 a year to afford the typical home in Cleveland County, AR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,279.