Skip to content
TypicalCost

Typical Cost of a House in Arkansas

On this page

The median home value in Arkansas is $188,000, measured over 2020–2024. That is 43.5% below the U.S. median of $332,700. Half of owner-occupied homes are valued above that figure and half below.

Median home value

$188,000

2020–2024, give or take $1,754

Against the U.S. median

−43.5%

BelowU.S. $332,700

Rank among states

49th highest

of 51, counting the District of Columbia

Monthly housing costs in Arkansas

What households actually pay each month, for those who own with a mortgage and those who rent.

Owning with a mortgage

$1,345a month

−31.5%U.S. $1,963

Median of mortgage payments, property taxes, insurance, utilities and fees together.

Renting

$947a month

−33.0%U.S. $1,413

Median gross rent: the rent itself plus utilities the renter pays.

Where Arkansas sits among the states

Each tick is one state's median home value. The highlighted band holds the middle half of them, and the dark line is the median.

Across 51 states the median home value ranged from $162,600 to $839,100. The typical band runs from $235,100 to $411,400, with a median of $303,300. Arkansas is at $188,000.

Home values by county in Arkansas

75 counties, each compared with the Arkansas median.

What this figure is

It is not a sale price. The Census Bureau asks homeowners what they think their home would sell for, and this is the middle answer for owner-occupied homes in Arkansas. It covers every kind of home people own and live in, from condos to large houses, so the price of a particular house on the market can be far from it.

The figure describes the whole of 2020–2024, not a single year, and it is not adjusted for price changes since then. A survey always carries some uncertainty: the true value is very likely within $1,754 of the one shown.

Common questions

How much does a house cost in Arkansas?

The median home value in Arkansas is $188,000, from Census Bureau survey data for 2020–2024. Half of owner-occupied homes are valued above that and half below.

What is the average home price in Arkansas?

The Census Bureau publishes a median rather than an average: $188,000 for 2020–2024. It is what owners estimate their homes would sell for, not a record of recent sale prices.

How much is a monthly mortgage payment in Arkansas?

Homeowners with a mortgage in Arkansas pay a median of $1,345 a month. That covers the mortgage payment together with property taxes, insurance and utilities.

What is the average rent in Arkansas?

Median gross rent in Arkansas is $947 a month for 2020–2024. Gross rent is the rent itself plus the utilities the renter pays.

Are homes in Arkansas expensive compared with other places?

Arkansas has the 49th highest median home value of 51 states, 43.5% below the U.S. median of $332,700.

Source

U.S. Census Bureau

American Community Survey 5-Year Estimates, 2020–2024, tables B25077, B25064 and B25088. Retrieved on October 6, 2026.

About the American Community Survey

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2020–2024.

Home values in other states

The percentage compares each state with the U.S. median.