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Cities with the fastest-rising home prices in Arkansas | The Arkansas Democrat-Gazette

Cities with the fastest-rising home prices in Arkansas | The Arkansas Democrat-Gazette

The housing boom sparked by the coronavirus pandemic continues, albeit at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

You may also like… Officials and bankers in Little Rock are looking for ways to create affordable housing

The average home value in the United States was $360,310 in May, up 3.9% from a year earlier.

Rising mortgage rates have slowed growth, and in some places prices have even fallen. However, in some areas prices are still up compared to last year.

Stacker compiled a list of cities with the fastest-rising home prices in Arkansas using data from Zillow. Cities are sorted by the dollar change in the Zillow Home Values ​​Index for all homes from the 12 months ending in May 2024. The charts in this story were automatically generated using Matplotlib. Data was available for 50 cities and towns in Arkansas.

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#50.

– Typical home value: $287,533
– Price change within one year: +11,944 USD (+4.3%)
– Price change over 5 years: +$76,860 (+36.5%)
– Greater area: Little Rock-North Little Rock-Conway, AR

#49. Green Forest

– Typical home value: $182,233
– Price change within one year: +11,958 USD (+7.0%)
– Price change over 5 years: +66,971 USD (+58.1%)
– Metropolitan area: not located in a metropolitan area

#48. Station

– Typical home value: $202,886
– Price change within one year: +12,188 USD (+6.4%)
– Price change over 5 years: +$66,799 (+49.1%)
– Greater area: Little Rock-North Little Rock-Conway, AR

#47. Quitman

– Typical home value: $228,492
– Price change within one year: +12,440 USD (+5.8%)
– Price change over 5 years: +81,521 USD (+55.5%)
– Greater area: Little Rock-North Little Rock-Conway, AR

#46. Lincoln

– Typical home value: $229,451
– Price change within one year: +12,757 USD (+5.9%)
– Price change over 5 years: +85,607 USD (+59.5%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#45.

– Typical home value: $185,866
– Price change within one year: +13,081 USD (+7.6%)
– Price change over 5 years: +55,719 USD (+42.8%)
– Greater: Russellville, AR

#44. Ozon

– Typical home value: $183,104
– Price change within one year: +13,155 USD (+7.7%)
– Price change over 5 years: +$60,597 (+49.5%)
– Greater area: Harrison, AR

#43.

– Typical home value: $144,022
– Price change within one year: +13,207 USD (+10.1%)
– Price change over 5 years: +39,536 USD (+37.8%)
– Greater area: Little Rock-North Little Rock-Conway, AR

#42.

– Typical home value: $141,673
– Price change within one year: +13,400 USD (+10.4%)
– Price change over 5 years: +41,082 USD (+40.8%)
– Greater area: Little Rock-North Little Rock-Conway, AR

#41.

– Typical home value: $219,271
– Price change within one year: +13,609 USD (+6.6%)
– Price change over 5 years: +63,331 USD (+40.6%)
– Greater area: Fort Smith, AR-OK

#40. Glenwood

– Typical home value: $186,544
– Price change within one year: +13,788 USD (+8.0%)
– Price change over 5 years: +$63,106 (+51.1%)
– Metropolitan area: not located in a metropolitan area

#39. Decatur

– Typical home value: $249,034
– Price change within one year: +13,929 USD (+5.9%)
– Price change over 5 years: +114,614 USD (+85.3%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#38. Greer’s Ferry

– Typical home value: $256,011
– Price change within one year: +14,579 USD (+6.0%)
– Price change over 5 years: +92,151 USD (+56.2%)
– Metropolitan area: not located in a metropolitan area

#37.

– Typical home value: $262,284
– Price change within one year: +14,659 USD (+5.9%)
– Price change over 5 years: +100,723 USD (+62.3%)
– Greater area: Hot Springs, AR

#36. Prairie Grove

– Typical home value: $295,921
– Price change within one year: +15,239 USD (+5.4%)
– Price change over 5 years: +115,750 USD (+64.2%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#35.

– Typical home value: $264,172
– Price change within one year: +15,875 USD (+6.4%)
– Price change over 5 years: +107,464 USD (+68.6%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#34. Rudy

– Typical home value: $233,660
– Price change within one year: +16,041 USD (+7.4%)
– Price change over 5 years: +$76,629 (+48.8%)
– Greater area: Fort Smith, AR-OK

#33. Lonsdale

– Typical home value: $273,729
– Price change within one year: +16,041 USD (+6.2%)
– Price change over 5 years: +86,497 USD (+46.2%)
– Greater area: Little Rock-North Little Rock-Conway, AR

#32.

– Typical home value: $215,246
– Price change within one year: +16,130 USD (+8.1%)
– Price change over 5 years: +77,236 USD (+56.0%)
– Metropolitan area: not located in a metropolitan area

#31.

– Typical home value: $321,777
– Price change within one year: +16,232 USD (+5.3%)
– Price change over 5 years: +132,115 USD (+69.7%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#30. Alpena

– Typical home value: $208,127
– Price change within one year: +16,835 USD (+8.8%)
– Price change over 5 years: +80,092 USD (+62.6%)
– Greater area: Harrison, AR

#29.

– Typical home value: $261,546
– Price change within one year: +16,932 USD (+6.9%)
– Price change over 5 years: +103,754 USD (+65.8%)
– Greater area: Harrison, AR

#28. Bismarck

– Typical home value: $219,777
– Price change within one year: +17,057 USD (+8.4%)
– Price change over 5 years: +67,631 USD (+44.5%)
– Greater area: Malvern, AR

#27. Fayetteville

– Typical home value: $356,151
– Price change within one year: +17,253 USD (+5.1%)
– Price change over 5 years: +131,568 USD (+58.6%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#26.

– Typical home value: $318,973
– Price change within one year: +17,468 USD (+5.8%)
– Price change over 5 years: +123,934 USD (+63.5%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#25. Diamond City

– Typical home value: $146,500
– Price change within one year: +17,834 USD (+13.9%)
– Price change over 5 years: +47,454 USD (+47.9%)
– Greater area: Harrison, AR

#24. Springdale

– Typical home value: $312,740
– Price change within one year: +18,210 USD (+6.2%)
– Price change over 5 years: +$128,190 (+69.5%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#23.

– Typical home value: $311,549
– Price change within one year: +18,580 USD (+6.3%)
– Price change over 5 years: +108,095 USD (+53.1%)
– Metropolitan area: not located in a metropolitan area

#22.

– Typical home value: $218,570
– Price change within one year: +18,650 USD (+9.3%)
– Price change over 5 years: +80,120 USD (+57.9%)
– Greater area: Harrison, AR

#21. Hindsville

– Typical home value: $325,573
– Price change within one year: +19,008 USD (+6.2%)
– Price change over 5 years: +111,064 USD (+51.8%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#20. Mount Ida

– Typical home value: $223,726
– Price change within one year: +19,205 USD (+9.4%)
– Price change over 5 years: +86,966 USD (+63.6%)
– Metropolitan area: not located in a metropolitan area

#19. Gravette

– Typical home value: $309,081
– Price change within one year: +19,465 USD (+6.7%)
– Price change over 5 years: +144,781 USD (+88.1%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#18.Lowell

– Typical home value: $327,925
– Price change within one year: +20,070 USD (+6.5%)
– Price change over 5 years: +138,768 USD (+73.4%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#17. Western Grove

– Typical home value: $197,552
– Price change within one year: +20,488 USD (+11.6%)
– Price change over 5 years: +79,391 USD (+67.2%)
– Greater area: Harrison, AR

#16. Wesley

– Typical home value: $247,535
– Price change within one year: +21,432 USD (+9.5%)
– Price change over 5 years: +94,395 USD (+61.6%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#15.Rogers

– Typical home value: $349,712
– Price change within one year: +21,675 USD (+6.6%)
– Price change over 5 years: +148,332 USD (+73.7%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#14. West Fork

– Typical home value: $279,829
– Price change within one year: +21,741 USD (+8.4%)
– Price change over 5 years: +114,068 USD (+68.8%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#13. Drasco

– Typical home value: $256,624
– Price change within one year: +21,770 USD (+9.3%)
– Price change over 5 years: +89,996 USD (+54.0%)
– Metropolitan area: not located in a metropolitan area

#12.

– Typical home value: $185,820
– Price change within one year: +21,940 USD (+13.4%)
– Price change over 5 years: +78,434 USD (+73.0%)
– Greater area: Harrison, AR

#11. Royal

– Typical home value: $295,003
– Price change within one year: +22,386 USD (+8.2%)
– Price change over 5 years: +$119,799 (+68.4%)
– Greater area: Hot Springs, AR

#10. Small herd

– Typical home value: $452,703
– Price change within one year: +22,628 USD (+5.3%)
– Price change over 5 years: +$190,294 (+72.5%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#9. Cave springs

– Typical home value: $523,994
– Price change within one year: +23,587 USD (+4.7%)
– Price change over 5 years: +$206,049 (+64.8%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#8. Winslow

– Typical home value: $257,047
– Price change within one year: +24,289 USD (+10.4%)
– Price change over 5 years: +117,849 USD (+84.7%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#7. Bonnerdale

– Typical home value: $247,239
– Price change within one year: +24,311 USD (+10.9%)
– Price change over 5 years: +99,866 USD (+67.8%)
– Greater area: Hot Springs, AR

#6. Bentonville

– Typical home value: $450,286
– Price change within one year: +26,762 USD (+6.3%)
– Price change over 5 years: +198,574 USD (+78.9%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#5.Jasper

– Typical home value: $227,279
– Price change within one year: +27,680 USD (+13.9%)
– Price change over 5 years: +$104,799 (+85.6%)
– Greater area: Harrison, AR

#4. Elm Springs

– Typical home value: $565,509
– Price change within one year: +28,094 USD (+5.2%)
– Price change over 5 years: +231,007 USD (+69.1%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#3.Garfield

– Typical home value: $420,619
– Price change within one year: +29,891 USD (+7.7%)
– Price change over 5 years: +186,828 USD (+79.9%)
– Greater area: Fayetteville-Springdale-Rogers, AR

#2. Manila

– Typical home value: $165,039
– Price change within one year: +32,032 USD (+24.1%)
– Price change over 5 years: +49,409 USD (+42.7%)
– Greater area: Blytheville, AR

#1. Goshen

– Typical home value: $679,704
– Price change within one year: +40,220 USD (+6.3%)
– Price change over 5 years: +252,211 USD (+59.0%)
– Greater area: Fayetteville-Springdale-Rogers, AR

This story features data reporting and writing by Elena Cox and is part of a series leveraging data automation in 50 states.