Arkansas Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-04-02

Arkansas has a two-speed housing market: Northwest Arkansas continues to see strong demand and above-average appreciation driven by corporate growth and in-migration, while Little Rock and the rest of the state see more modest, steady growth. The state's affordability advantage has attracted remote workers from higher-cost states, particularly to areas around Fayetteville and Bentonville where quality of life investments have accelerated. Rural properties and acreage remain widely available at prices that would be unheard of in most other regions.

By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Zillow Research, U.S. Census

Is Now a Good Time to Buy in Arkansas?

The Arkansas housing market is showing balanced conditions.

home values have grown a moderate 1.9% year-over-year. there are currently 574 homes on the market.

Median Home Value

$219,754

Zillow Home Value Index

Year-over-Year

+1.9%

Home value change

5-Year Change

+29.6%

Since 2021

Median Rent

$1,188/mo

Zillow Observed Rent Index

Active Listings

574

Homes for sale

Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Arkansas vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Arkansas: $1,188/mo (+5.1% YoY)

Rent vs. Buy Analysis

With a median home value of $219,754 and average rent of $1,188/mo, the price-to-rent ratio in Arkansas is 15.4. A ratio of 15-21 means it could go either way — run the numbers.

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