Phillips County, AR Housing Market
$50,311
3.8% 1-yrThe average Phillips County, AR home value is $50,311, down 3.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Phillips County Key Takeaways
Typical Home Values: $50,311
1-Year Value Change: -3.8%
(Data through August 31, 2026)
Phillips County Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Mellwood
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Phillips County Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Phillips County, AR?
The median home value in Phillips County, AR is $50,311 as of August 2026. This represents a 0.9% decrease compared to last month and a 3.8% decrease year-over-year.
How do home values in Phillips County, AR compare to Arkansas and the national average?
The median home value in Phillips County, AR ($50,311) compares to Arkansas ($227,264) and the U.S. national median ($368,697).
What are the top cities in Phillips County, AR by home value?
The cities with the highest median home values in Phillips County, AR include: Lexa ($101,503), Poplar Grove ($84,135), Elaine ($67,639), Marvell ($59,632), Helena - West Helena ($38,487). These cities represent the most expensive areas within the county.
