Arkansas Average Home Price by City (2026)

The average home price in Arkansas (AR) is about $215,000 — the 2026 median, at ~$145/sq ft — 27% more affordable than the typical U.S. home.

$215,000
Arkansas median value
$145
Median price / sq ft
~1,480
sq ft a median budget buys
-27%
vs U.S. median

Considering a move to Arkansas?

Housing in Arkansas is 27% more affordable than the national average, with a typical home around $215,000 and a local rate near $145 per square foot. Among the 5 Arkansas cities we track, Fayetteville is the most expensive (median $398,000) and North Little Rock is the most affordable (median $143,500) — so where you land in the state matters as much as the state itself.

Browse Arkansas cities

Salary needed to buy a home in Arkansas

To buy the typical $215,000 home in Arkansas with 20% down, you need a household income of roughly $58,000 a year (about $1,360 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $70,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$10,800$1,700/mo$73,000/yr
10% (+PMI)$21,500$1,620/mo$70,000/yr
20%$43,000$1,360/mo$58,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in Arkansas

At about $145 per square foot, here is roughly how much home different budgets get you in Arkansas:

BudgetApprox. sizeWhat that looks like locally
$150k1030 sq ftbelow the local median — condos, smaller or older homes
$200k1380 sq ftaround the typical home here
$250k1720 sq ftaround the typical home here
$300k2070 sq ftabove the median — larger homes or the pricier ZIPs
$400k2760 sq ftabove the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Arkansas so you can compare your current home against every Arkansas city we track.

Arkansas home prices: frequently asked

What salary do you need to buy a house in Arkansas? +
For the typical $215,000 home in Arkansas, a household income of about $58,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $70,000; with 5% down about $73,000.
What is the average home price in Arkansas? +
The average home price in Arkansas is about $215,000 as of 2026, at roughly $145 per square foot — 27% more affordable than the U.S. median of $294,000. That figure is the statewide median across the ZIP codes we track, which is what most price reports mean by the average.
What is the median home price in Arkansas (AR)? +
About $215,000 in 2026. The median is the mid-point home — half of homes cost more, half less — and it is the better yardstick than a true mean, which a handful of luxury sales can drag upward. At $145/sq ft, a median budget in Arkansas buys roughly 1,480 sq ft of home.
Where is Arkansas most and least expensive? +
Among the 5 Arkansas cities tracked here, Fayetteville is the priciest (median $398,000) and North Little Rock is the most affordable (median $143,500). ZIP-level prices within one city vary further, so check the city page for your area.