I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Arkansas
💡 Key Arkansas housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $208,078[1] | #46 of 50 states | 43.3% lower |
Median Listing Price | $296,854[2] | #41 of 50 states | 32.6% lower |
Median Sale Price | $259,500[3] | #45 of 50 states | 38% lower |
30 Year Mortgage Rate | 7.02%[4] | #29 of 50 states | 0.6% higher |
Median Days on Market | 64[5] | #37 of 50 states | 13.9% longer |
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🗺️ Buying a house in the Arkansas real estate market
Arkansas has an affordability score of 5.2, meaning it takes 5.2 years of the median household income ($49,475) to afford Arkansas' median home sale price ($259,500). Because of this, we rank Arkansas as the 17th most affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $259,500[6] | #45 of 50 states | 38% lower |
30 Year Mortgage Rate | 7.02%[7] | #29 of 50 states | 0.6% higher |
Median Household Income | $49,475[8] | #48 of 50 states | 23.3% lower |
Affordability Ratio | 5.2 | #17 of 50 states | 18% lower |
Buyers Agent Commission | 2.55%[9] | #17 of 50 states | 0.5% higher |
Resources for Arkansas home buyers
Preparing to buy in Arkansas
🗺️ Selling a house in the Arkansas real estate market
According to our detailed survey of Arkansas real estate agents, listing agents (those representing the seller) charge an average commission in Arkansas of 2.75%, which is the 23rd lowest in the United States. Buyers' agents charge an average commission of 2.55%, which is the 17th lowest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $296,854[10] | #41 of 50 states | 32.6% lower |
Median Sale Price | $259,500[11] | #45 of 50 states | 38% lower |
Median Days on Market | 64[12] | #37 of 50 states | 13.9% longer |
Buyer's Agent Commission | 2.55%[13] | #17 of 50 states | 0.5% higher |
Listing Agent Commission | 2.75%[14] | #23 of 50 states | 1% higher |
Resources for Arkansas home sellers
Preparing to sell in Arkansas
- 8 Steps to Selling a House in Arkansas
- Average Time to Sell a House in Arkansas
- When Is the Best Time to Sell a House in Arkansas?
- Top Real Estate Agents in Arkansas
Arkansas home selling costs and requirements
Moving to Arkansas
According to our recent moving trends survey[15], 6% of Americans indicated that they would choose to move to Arkansas if money were no object. Likewise, 8% of survey respondents indicated that they would move to Little Rock among a choice of America's medium-sized cities.
Here's how Arkansas cities rank in a number of our research studies.
Study | Best Arkansas city | Rank |
Best Pizza Cities[16] | No ranking Arkansas cities | No ranking Arkansas cities |
Best Coffee Cities[17] | No ranking Arkansas cities | No ranking Arkansas cities |
Best LGBTQ Cities[18] | No ranking Arkansas cities | No ranking Arkansas cities |
Best Bike Cities[19] | No ranking Arkansas cities | No ranking Arkansas cities |
Best Commuter Cities[20] | No ranking Arkansas cities | No ranking Arkansas cities |