By STACKER
Volodymyr Kyrylyuk // Shutterstock
Cities with the most expensive homes in Arkansas
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers. High mortgage rates are also making monthly payments more expensive; as of Aug. 24, the 30-year fixed mortgage rate sits at 7.23%.
Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in Arkansas using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of July 2023. The charts in this story were created automatically using Matplotlib.
Metros with the most cities in the top 30 in Arkansas
#1. Fayetteville-Springdale-Rogers, AR: 22
#2. Little Rock-North Little Rock-Conway, AR: 3
#3. Hot Springs, AR: 2
#4. Mountain Home, AR: 1
Read on to see which cities made the list.
Stacker
#30. Norfork
– Typical home value: $263,529
– 1-year price change: -2.4%
– 5-year price change: +55.3%
– Metro area: Mountain Home, AR
Stacker
#29. Siloam Springs
– Typical home value: $263,541
– 1-year price change: +4.0%
– 5-year price change: +70.3%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#28. West Fork
– Typical home value: $270,658
– 1-year price change: +5.2%
– 5-year price change: +73.2%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#27. Cammack Village
– Typical home value: $277,613
– 1-year price change: +8.1%
– 5-year price change: +41.0%
– Metro area: Little Rock-North Little Rock-Conway, AR
Stacker
#26. Paron
– Typical home value: $280,509
– 1-year price change: -1.2%
– 5-year price change: +31.7%
– Metro area: Little Rock-North Little Rock-Conway, AR
Stacker
#25. Royal
– Typical home value: $284,277
– 1-year price change: +4.5%
– 5-year price change: +71.3%
– Metro area: Hot Springs, AR
Stacker
#24. Prairie Grove
– Typical home value: $286,860
– 1-year price change: +2.1%
– 5-year price change: +66.9%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#23. Hot Springs Village
– Typical home value: $290,936
– 1-year price change: +4.1%
– 5-year price change: +63.8%
– Metro area: Hot Springs, AR
Stacker
#22. Highfill
– Typical home value: $292,948
– 1-year price change: +7.0%
– 5-year price change: +81.0%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#21. Maumelle
– Typical home value: $294,756
– 1-year price change: +4.3%
– 5-year price change: +40.2%
– Metro area: Little Rock-North Little Rock-Conway, AR
Stacker
#20. Springdale
– Typical home value: $298,056
– 1-year price change: +4.2%
– 5-year price change: +72.4%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#19. Eureka Springs
– Typical home value: $298,653
– 1-year price change: +1.0%
– 5-year price change: +70.8%
– Metro area: not in a metro area
Stacker
#18. Gravette
– Typical home value: $299,860
– 1-year price change: +10.2%
– 5-year price change: +107.0%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#17. Edgemont
– Typical home value: $300,158
– 1-year price change: +0.4%
– 5-year price change: +48.1%
– Metro area: not in a metro area
Stacker
#16. Farmington
– Typical home value: $305,118
– 1-year price change: +4.5%
– 5-year price change: +68.9%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#15. Pea Ridge
– Typical home value: $307,785
– 1-year price change: +3.6%
– 5-year price change: +77.1%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#14. Johnson
– Typical home value: $313,802
– 1-year price change: +3.8%
– 5-year price change: +60.0%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#13. Hindsville
– Typical home value: $316,027
– 1-year price change: +4.8%
– 5-year price change: +64.2%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#12. Lowell
– Typical home value: $317,963
– 1-year price change: +2.3%
– 5-year price change: +65.7%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#11. Bethel Heights
– Typical home value: $318,198
– 1-year price change: +6.3%
– 5-year price change: +62.5%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#10. Bella Vista
– Typical home value: $320,773
– 1-year price change: +3.4%
– 5-year price change: +77.5%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#9. Centerton
– Typical home value: $322,967
– 1-year price change: +1.5%
– 5-year price change: +62.5%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#8. Rogers
– Typical home value: $338,871
– 1-year price change: +3.5%
– 5-year price change: +70.2%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#7. Fayetteville
– Typical home value: $340,191
– 1-year price change: +3.0%
– 5-year price change: +65.6%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#6. Garfield
– Typical home value: $402,057
– 1-year price change: +1.3%
– 5-year price change: +84.5%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#5. Bentonville
– Typical home value: $434,342
– 1-year price change: +4.2%
– 5-year price change: +81.0%
– Metro area: Fayetteville-Springdale-Rogers, AR
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#4. Little Flock
– Typical home value: $439,400
– 1-year price change: +8.8%
– 5-year price change: +79.8%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#3. Cave Springs
– Typical home value: $493,615
– 1-year price change: +4.2%
– 5-year price change: +61.6%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#2. Elm Springs
– Typical home value: $534,250
– 1-year price change: +3.3%
– 5-year price change: +65.9%
– Metro area: Fayetteville-Springdale-Rogers, AR
Stacker
#1. Goshen
– Typical home value: $637,876
– 1-year price change: +1.4%
– 5-year price change: +59.3%
– Metro area: Fayetteville-Springdale-Rogers, AR