Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$163,828−0.2% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 10% have cut their price
Income needed to buy, per year$35,514About 0.7× the local median income ($53,529): affordable for a typical household
Days on market84 daysAbout the same pace as a year ago
Next 12 months+1.1%Zillow expects prices to rise slightly
The typical home in Miller County, AR is worth $163,828, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $172,989, so the area is 5.3% undervalued. It is a buyer's market: homes take about 84 days to sell, listings are up 15% from a year ago, 10% of listings have had a price cut. Zillow expects prices to rise about 1.1% over the next year. A household needs about $35,514 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 $53,529. Typical rent is $1,092 a month, or $1,276 for a house. In the latest IRS figures, 64 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
$163,828
Change in 1 year
−0.2%
Overvalued %
−5.3%
Show 7 more
Fair home value
$172,989
Change in 5 years
+2.9%
Zillow forecast, next 12 months
+1.1%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$888
Income needed to afford it
$35,514
Property tax rate
0.61%
Rent and investing
Typical rent
$1,092
Typical rent for houses
$1,276
Price-to-rent ratio
12.5×
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HUD Fair Market Rent, 2 bedrooms
$1,118
Gross rental yield
8.00%
Cap rate (estimate)
5.20%
Market activity
Listings vs a year ago
+14.9%
Days on market
84
Listings with a price cut
10.1%
Show 3 more
Homes for sale
139
Pending sales per 100 listings
17
Asking price per sq ft
$141
People and jobs
Median household income
$53,529
Population change (1 year)
−0.0%
Unemployment rate
7.1%
Show 4 more
Population
42,357
Income adjusted for cost of living
$63,725
Net moves in (IRS)
+64
Cost of living (US = 100)
84.0
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
70.8
Flood risk score
57.3
Show 3 more
Wildfire risk score
64.3
Walkability (1 to 20)
6.4
Road, rail and air noise
53 dB
Questions people ask
Is Miller County, AR overvalued?
Home prices in Miller County, AR are slightly below what local incomes have historically supported: fair value is about $172,989, so the area is 5.3% undervalued.
Is Miller County, AR a buyer's or seller's market?
Miller County, AR is a buyer's market: homes take about 84 days to sell, listings are up 15% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Miller County, AR?
Home values in Miller County, AR are down 0.2% over the last year. Zillow's forecast for the next 12 months is +1.1%.
How much do you need to earn to buy a home in Miller County, AR?
A household needs about $35,514 a year to afford the typical home in Miller County, AR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,529.