Arkansas Real Estate Trends - A New Way to Look at Arkansas Realty
The variety of listings available in the Arkansas real estate market highlights the state's division between urban splendor and rural fantasy. Approximately 38% of all Arkansas real estate listings are split between urban condos/townhomes and single family properties.
While both listing prices and sale prices have fluctuated over recent months, family housing remains a strong sector in the Arkansas real estate market. Buyers can enjoy the competitive average prices (around the $238,000 mark for single family homes and $198,000 for condos), almost 20% below asking price for single family homes. In the Arkansas condo and townhouse market, average sale prices are 16% below average list prices.
Undeveloped rural real estate in Arkansas comprises a substantial 48% of the market for the entire Arkansas real estate market. With an average list price of just $140,000, these properties offer an excellent option for a variety of projects. Commercial investors and builders might be interested to know that Arkansas land for sale can cost up to $14 million dollars and contain as many as 1000 acres.
Arkansas Real Estate:
Largest Increase in Listing Price
| City | 3 mo. | |
|---|---|---|
| Greenwood, AR Real Estate | 7.14% | |
| Fayetteville, AR Real Estate | 5.27% | |
| Bentonville, AR Real Estate | 5.22% | |
| Rogers, AR Real Estate | 4.70% | |
| Springdale, AR Real Estate | 3.37% |
Arkansas Real Estate:
Largest Decrease in Listing Price
| City | 3 mo. | |
|---|---|---|
| Russellville, AR Real Estate | 5.09% | |
| Van Buren, AR Real Estate | 4.85% | |
| Heber Springs, AR Real Estate | 3.89% | |
| Mena, AR Real Estate | 3.76% | |
| Searcy, AR Real Estate | 3.52% |
Most Expensive Arkansas Homes for Sale by City
| City | Median $ | 3 mo. | |
|---|---|---|---|
| Fayetteville, AR Homes for Sale | $364,220 | 5.27% | |
| Bentonville, AR Homes for Sale | $339,350 | 5.22% | |
| Rogers, AR Homes for Sale | $323,661 | 4.70% | |
| Heber Springs, AR Homes for Sale | $319,115 | 3.89% | |
| Eureka Springs, AR Homes for Sale | $302,802 | 1.91% |
Least Expensive Arkansas Homes for Sale by City
| City | Median $ | 3 mo. | |
|---|---|---|---|
| Pine Bluff, AR Homes for Sale | $117,864 | 2.42% | |
| Paragould, AR Homes for Sale | $148,830 | 0.37% | |
| North Little Rock, AR Homes for Sale | $149,168 | 0.70% | |
| Mena, AR Homes for Sale | $151,818 | 3.76% | |
| Jacksonville, AR Homes for Sale | $155,887 | 0.56% |
Top 5 Arkansas Cities for Families
| City | Homes with Children |
Crime vs. Natl. Avg. |
|---|---|---|
| Centerton, AR Local Info | 47.00% | 0.30 |
| Marion, AR Local Info | 47.00% | 1.05 |
| Cabot, AR Local Info | 45.00% | 0.45 |
| Springdale, AR Local Info | 44.00% | 0.82 |
| Helena West Helena, AR Local Info | 42.00% | 1.46 |
Top 5 Arkansas Cities for Singles
| City | Unmarried | Female to Male |
|---|---|---|
| Forrest City, AR Local Info | 75.00% | 44% / 56% |
| Helena West Helena, AR Local Info | 72.00% | 55% / 45% |
| Arkadelphia, AR Local Info | 70.00% | 55% / 45% |
| West Memphis, AR Local Info | 68.00% | 54% / 46% |
| Fayetteville, AR Local Info | 67.00% | 50% / 50% |
Largest Increase in Listing Price Methodology
This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage increase in median listing prices for single family homes over a three month period.
Largest Decrease in Listing Price Methodology
This chart uses the median listing price of cities with at least 100 active property listings to calculate the largest percentage decrease in median listing prices for single family homes over a three month period.
Most Expensive Homes for Sale by City Methodology
This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five highest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.
Least Expensive Homes for Sale by City Methodology
This chart uses the median listing price of cities with at least 100 active property listings to retrieve the cities with the five lowest median listing prices of single family homes. In addition, the median listing prices are used to calculate the associated increase or decrease in median listing price as a percentage over a three month period.
Top 5 Cities for Families Methodology
This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of homes with children and the lowest crime rate. Crime rate is determined by comparing each city's crime rate index against the national crime rate index, which equals 100. A number lower than one indicates less crime than the national average, while a number greater than one indicates more overall crime than the national average.
Top 5 Cities for Singles Methodology
This chart displays the top five cities with a population of at least 10,000 that have the highest percentage of unmarried people. An unmarried person is defined as someone who was never married, is separated, or divorced.