Arkansas Affordability
How affordable is Arkansas real estate?
Public Record + Census ACS
Median Home Price
$351K
Median Household Income
$56,335
Affordability Index
6.23
vs National Avg
-8.7%
Cities in Arkansas by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Paragould | $180.6K | 3.21 |
| 2 | Searcy | $183.4K | 3.26 |
| 3 | Jacksonville | $187.4K | 3.33 |
| 4 | Ward | $217.5K | 3.86 |
| 5 | Conway | $217.9K | 3.87 |
| 6 | North Little Rock | $235.4K | 4.18 |
| 7 | Russellville | $238.6K | 4.24 |
| 8 | Harrison | $240.7K | 4.27 |
| 9 | Sherwood | $255.7K | 4.54 |
| 10 | Cabot | $277.1K | 4.92 |
| 11 | Prairie Grove | $303.6K | 5.39 |
| 12 | Bella Vista | $308.8K | 5.48 |
| 13 | Hot Springs Village | $311.8K | 5.54 |
| 14 | Farmington | $321.3K | 5.70 |
| 15 | Jonesboro | $338.3K | 6.01 |
| 16 | Gravette | $354.2K | 6.29 |
| 17 | Benton | $369.9K | 6.57 |
| 18 | Mountain Home | $376.2K | 6.68 |
| 19 | Greenbrier | $376.8K | 6.69 |
| 20 | Hot Springs | $388.2K | 6.89 |
| 21 | Pea Ridge | $400.4K | 7.11 |
| 22 | Little Rock | $409.5K | 7.27 |
| 23 | Springdale | $414.4K | 7.36 |
| 24 | Fayetteville | $469.3K | 8.33 |
| 25 | Rogers | $471.3K | 8.37 |
| 26 | Eureka Springs | $508.8K | 9.03 |
| 27 | Fort Smith | $530.6K | 9.42 |
| 28 | Siloam Springs | $548.8K | 9.74 |
| 29 | Centerton | $688.1K | 12.21 |
| 30 | Bentonville | $923.2K | 16.39 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.