Arkansas housing market
Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$224,158+3.4% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$48,593About 0.8× the local median income ($62,146): affordable for a typical household
Days on market72 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 Arkansas is worth $224,158, up 3.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $218,065, so the area is 2.8% overvalued. It is a buyer's market: homes take about 72 days to sell, listings are up 14% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 1.8% over the next year. A household needs about $48,593 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 $62,146. In the latest IRS figures, 11,332 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 | $224,158 |
| Change in 1 year | +3.4% |
| Overvalued % | +2.8% |
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| Fair home value | $218,065 |
| Change in 5 years | +20.2% |
| Zillow forecast, next 12 months | +1.8% |
| Home value to income | 3.6× |
| Monthly mortgage payment (20% down) | $1,215 |
| Income needed to afford it | $48,593 |
| Property tax rate | 0.55% |
Rent and investing
| HUD Fair Market Rent, 2 bedrooms | $1,064 |
Market activity
| Listings vs a year ago | +13.6% |
| Days on market | 72 |
| Listings with a price cut | 18.5% |
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| Homes for sale | 15,219 |
| Pending sales per 100 listings | 23 |
| Asking price per sq ft | $166 |
People and jobs
| Median household income | $62,146 |
| Population change (1 year) | +0.6% |
| Unemployment rate | 4.9% |
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| Population | 3,114,791 |
| Income adjusted for cost of living | $71,514 |
| Net moves in (IRS) | +11,332 |
| Cost of living (US = 100) | 86.9 |
Schools, risk and environment
| FEMA hazard risk score (0 to 100) | 76.9 |
| Unhealthy air days a year | 2 |
| Flood risk score | 72.7 |
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| Wildfire risk score | 65.3 |
| Walkability (1 to 20) | 6.7 |
| Road, rail and air noise | 53 dB |
Questions people ask
- Is Arkansas overvalued?
- Home prices in Arkansas are slightly above what local incomes have historically supported: fair value is about $218,065, so the area is 2.8% overvalued.
- Is Arkansas a buyer's or seller's market?
- Arkansas is a buyer's market: homes take about 72 days to sell, listings are up 14% from a year ago, 18% of listings have had a price cut.
- Are home prices going down in Arkansas?
- Home values in Arkansas are up 3.4% 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 Arkansas?
- A household needs about $48,593 a year to afford the typical home in Arkansas at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,146.
Metro areas
Memphis, TN-MS-ARLittle Rock-North Little Rock-Conway, ARFayetteville-Springdale-Rogers, ARFort Smith, AR-OKTexarkana, TX-ARJonesboro, ARHot Springs, AR
Counties
Arkansas CountyAshley CountyBaxter CountyBenton CountyBoone CountyBradley CountyCalhoun CountyCarroll CountyChicot CountyClark CountyClay CountyCleburne CountyCleveland CountyColumbia CountyConway CountyCraighead CountyCrawford CountyCrittenden CountyCross CountyDallas CountyDesha CountyDrew CountyFaulkner CountyFranklin CountyFulton CountyGarland CountyGrant CountyGreene CountyHempstead CountyHot Spring CountyHoward CountyIndependence CountyIzard CountyJackson CountyJefferson CountyJohnson CountyLafayette CountyLawrence CountyLee CountyLincoln CountyLittle River CountyLogan CountyLonoke CountyMadison CountyMarion CountyMiller CountyMississippi CountyMonroe CountyMontgomery CountyNevada CountyNewton CountyOuachita CountyPerry CountyPhillips CountyPike CountyPoinsett CountyPolk CountyPope CountyPrairie CountyPulaski CountyRandolph CountySaint Francis CountySaline CountyScott CountySearcy CountySebastian CountySevier CountySharp CountyStone CountyUnion CountyVan Buren CountyWashington CountyWhite CountyWoodruff CountyYell County