Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$256,178+2.8% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$55,534About 0.8× the local median income ($72,916): affordable for a typical household
Days on market58 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 Faulkner County, AR is worth $256,178, up 2.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $254,070, so the area is 0.8% overvalued. It is a balanced market: homes take about 58 days to sell, listings are up 8% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 1.8% over the next year. A household needs about $55,534 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 $72,916. Typical rent is $1,323 a month, or $1,529 for a house. In the latest IRS figures, 1,188 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
$256,178
Change in 1 year
+2.8%
Overvalued %
+0.8%
Show 7 more
Fair home value
$254,070
Change in 5 years
+23.9%
Zillow forecast, next 12 months
+1.8%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,388
Income needed to afford it
$55,534
Property tax rate
0.54%
Rent and investing
Typical rent
$1,323
Typical rent for houses
$1,529
Price-to-rent ratio
16.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,121
Gross rental yield
6.20%
Cap rate (estimate)
4.03%
Market activity
Listings vs a year ago
+7.6%
Days on market
58
Listings with a price cut
19.1%
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Homes for sale
440
Pending sales per 100 listings
30
Asking price per sq ft
$167
People and jobs
Median household income
$72,916
Population change (1 year)
+1.4%
Unemployment rate
3.4%
Show 4 more
Population
133,979
Income adjusted for cost of living
$81,562
Net moves in (IRS)
+1,188
Cost of living (US = 100)
89.4
Schools, risk and environment
School rating (1 to 10)
7.9
FEMA hazard risk score (0 to 100)
86.2
Flood risk score
77.0
Show 3 more
Wildfire risk score
77.8
Walkability (1 to 20)
6.5
Road, rail and air noise
53 dB
Questions people ask
Is Faulkner County, AR overvalued?
Home prices in Faulkner County, AR are slightly above what local incomes have historically supported: fair value is about $254,070, so the area is 0.8% overvalued.
Is Faulkner County, AR a buyer's or seller's market?
Faulkner County, AR is a balanced market: homes take about 58 days to sell, listings are up 8% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Faulkner County, AR?
Home values in Faulkner County, AR are up 2.8% 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 Faulkner County, AR?
A household needs about $55,534 a year to afford the typical home in Faulkner County, AR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,916.