Home Values

Arkansas Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$114,400

  • 6.9% 1-year change
  • 4.1% 1-year forecast

The median home value in Arkansas is $114,400. Arkansas home values have gone up 6.9% over the past year and Zillow predicts they will rise 4.1% within the next year. The median list price per square foot in Arkansas is $85. The median price of homes currently listed in Arkansas is $140,000 while the median price of homes that sold is $136,000. The median rent price in Arkansas is $850.

Foreclosures will be a factor impacting home values in the next several years. In Arkansas 2.9 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Arkansas is 4.2%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Arkansas homeowners underwater on their mortgage is 17.2%.

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Relative ZHVI
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Arkansas Market Overview

Data through Dec 31, 2014
  • $114,400 ZHVI
  • 4.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $140,000 Median listing price
  • $136,000 Median sale price
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Arkansas Market Health

Data through Dec 31, 2014
  • 7.1/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 108 Average days on Zillow (Nov 30, 2014)
  • 17.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.9 homes Arkansas
4 homes United States
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Cities in Arkansas

Name Median ZHVI
Fayetteville $175,300
Rogers $131,400
Conway $131,200
Name Median ZHVI
Springdale $128,800
Little Rock $126,900
Searcy $122,400
Name Median ZHVI
Fort Smith $102,000
Jacksonville $93,600
North Little Rock $89,900

Listings & Sales

Data through Dec 31, 2014
  • $85 Median list price / sq ft
  • $82 Median sale price / sq ft
  • 11.0% Listings with price cut
28.2%
Sold below listing
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Arkansas Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $915 Arkansas
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $850 Rent list price
  • $0.67 Rent list price / sq ft
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