Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$218,004+4.0% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$47,259About 0.8× the local median income ($58,784): affordable for a typical household
Days on market62 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.8%Zillow expects prices to rise slightly
The typical home in Craighead County, AR is worth $218,004, up 4.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $201,033, so the area is 8.4% overvalued. It is a balanced market, leaning toward buyers: homes take about 62 days to sell, listings are up 6% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 1.8% over the next year. A household needs about $47,259 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 $58,784. Typical rent is $1,246 a month, or $1,533 for a house. In the latest IRS figures, 551 more people moved in than out.
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
$218,004
Change in 1 year
+4.0%
Overvalued %
+8.4%
Show 7 more
Fair home value
$201,033
Change in 5 years
+20.4%
Zillow forecast, next 12 months
+1.8%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,181
Income needed to afford it
$47,259
Property tax rate
0.54%
Rent and investing
Typical rent
$1,246
Typical rent for houses
$1,533
Price-to-rent ratio
14.6×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,079
Gross rental yield
6.86%
Cap rate (estimate)
4.46%
Market activity
Listings vs a year ago
+6.3%
Days on market
62
Listings with a price cut
15.9%
Show 3 more
Homes for sale
559
Pending sales per 100 listings
16
Asking price per sq ft
$140
People and jobs
Median household income
$58,784
Population change (1 year)
+0.5%
Unemployment rate
5.6%
Show 4 more
Population
116,957
Income adjusted for cost of living
$68,433
Net moves in (IRS)
+551
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
91.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
78.8
Wildfire risk score
43.8
Walkability (1 to 20)
6.7
Road, rail and air noise
52 dB
Questions people ask
Is Craighead County, AR overvalued?
Home prices in Craighead County, AR are slightly above what local incomes have historically supported: fair value is about $201,033, so the area is 8.4% overvalued.
Is Craighead County, AR a buyer's or seller's market?
Craighead County, AR is a balanced market, leaning toward buyers: homes take about 62 days to sell, listings are up 6% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Craighead County, AR?
Home values in Craighead County, AR are up 4.0% over the last year. Zillow's forecast for the next 12 months is +1.8%.
How much do you need to earn to buy a home in Craighead County, AR?
A household needs about $47,259 a year to afford the typical home in Craighead County, AR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,784.