Arkansas real estate trends (October 2021)
How is the real estate market in Arkansas?
🏠 Average home value: $151,472
📈 1.40% home value increase month over month
💰 Median sale price: $210,000
⏳ 59 days on the market
🔑 Homes on the market: 6,255
📆 1.0 months of housing inventory
🏦 30-year mortgage rate: 2.96%
💵 Average income: 47597
State of the market: B
While Arkansas home prices are slightly lower than the national average, the market itself looks very solid. A reasonable amount of inventory and listing prices that are optimistic but not unrealistic make this a steady seller’s market.
*Data last updated October 2021
Arkansas officially became a state when the Louisiana Purchase joined its rivers, mountains, and plains with the rapidly expanding United States.
Today, residents and visitors alike enjoy the Natural State's plentiful outdoor activities — from fishing and hiking to the geothermal wonder of Hot Springs National Park. For those who prefer a more urban setting, Arkansas' biggest cities include Little Rock, Fort Smith, and Fayetteville.
If you're thinking of buying or selling in Arkansas, these Arkansas housing predictions and stats can help you make an informed decision.
Want to save money when you buy or sell your home? With Clever, you'll only pay 1% or $3K in listing fees. Eligible buyers get 0.5% cash back after closing. Find out how much you can save with Clever today!
Selling a home in Arkansas
Arkansas real estate market forecast for sellers
⏰ Homes are selling 13.5 days faster than the annual average
💰 Homes are selling for $19,376 more than the annual average
💸 Average listing commission: 3.12%
💸 Average buyer's commission: 2.79%
How to sell a home in Arkansas
- The Best Low Commission Real Estate Brokers
- Top Real Estate Agents in Arkansas (June 2021 Rankings)
- 8 Steps to Selling a House in Arkansas
- How to Sell a House By Owner in Arkansas (2021 Update)
- 5 Best Arkansas Flat-Fee MLS Companies in 2021
- We Buy Houses for Cash Companies in Arkansas (2021 Rankings)
Cost to sell a home in Arkansas
- What's The Average Arkansas Real Estate Commission In 2021?
- The Ultimate Guide to Arkansas Real Estate Taxes
Buying a home in Arkansas
How much home you can buy with $300,000 in...
🏠 Little Rock: 2,481 sq ft
🏡 Fort Smith: 2,777 sq ft
🏡 Fayetteville: 1,813 sq ft
🏠 Jonesboro: 2,927 sq ft
- How to Save with a Home Buyer Rebate
- The 8 Definitive Steps to Buying a House in Arkansas
- The Best Time to Buy a House in Arkansas
- Everything You Need to Know About Moving to Arkansas
Investing in Arkansas real estate
- Top 5 Best Real Estate Investment Markets in Arkansas
- The Ultimate Guide to Flipping Houses in Arkansas
- A Beginner's Guide to Buying an Apartment Building
Best of Arkansas
Each month, we compare cities in Arkansas based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.
Most Affordable Cities in Arkansas
1. Pine Bluff
4. Fort Smith
Worst of Arkansas
Each month, we compare cities in Arkansas based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.
Least Affordable Cities in Arkansas
1. Hot Springs
4. Little Rock-North Little Rock-Conway
- Arkansas Real Estate Commission
- Arkansas's real estate license verification
- Arkansas's real estate agent code of conduct
- Arkansas's disclosure forms
- Transfer taxes in Arkansas
- Home buying assistance programs in Arkansas
Frequently asked questions about Arkansas real estate
Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.