Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$88,576−2.6% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 31% have cut their price
Income needed to buy, per year$19,202About 0.4× the local median income ($43,257): affordable for a typical household
Days on market63 daysFaster than a year ago: sellers have the edge
The typical home in Monroe County, AR is worth $88,576, down 2.6% from a year ago. That is well below what local incomes have historically supported: fair value is about $131,321, so the area is 32.5% undervalued. It is a buyer's market: homes take about 63 days to sell, listings are up 64% from a year ago, 31% of listings have had a price cut. A household needs about $19,202 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 $43,257. In the latest IRS figures, 39 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
$88,576
Change in 1 year
−2.6%
Overvalued %
−32.5%
Show 6 more
Fair home value
$131,321
Change in 5 years
−22.3%
Home value to income
2.0×
Monthly mortgage payment (20% down)
$480
Income needed to afford it
$19,202
Property tax rate
0.51%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$909
Market activity
Listings vs a year ago
+63.6%
Days on market
63
Listings with a price cut
30.8%
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Homes for sale
18
Pending sales per 100 listings
44
Asking price per sq ft
$97
People and jobs
Median household income
$43,257
Population change (1 year)
−2.0%
Unemployment rate
9.8%
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Population
6,244
Income adjusted for cost of living
$52,117
Net moves in (IRS)
−39
Cost of living (US = 100)
83.0
Schools, risk and environment
School rating (1 to 10)
1.3
FEMA hazard risk score (0 to 100)
36.5
Flood risk score
28.4
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Wildfire risk score
20.3
Walkability (1 to 20)
5.7
Road, rail and air noise
52 dB
Questions people ask
Is Monroe County, AR overvalued?
Home prices in Monroe County, AR are well below what local incomes have historically supported: fair value is about $131,321, so the area is 32.5% undervalued.
Is Monroe County, AR a buyer's or seller's market?
Monroe County, AR is a buyer's market: homes take about 63 days to sell, listings are up 64% from a year ago, 31% of listings have had a price cut.
Are home prices going down in Monroe County, AR?
Home values in Monroe County, AR are down 2.6% over the last year.
How much do you need to earn to buy a home in Monroe County, AR?
A household needs about $19,202 a year to afford the typical home in Monroe County, AR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $43,257.