What is the cheapest city to buy a house in Arkansas?

Harrison, with a median closed price of $189,483 over its reporting window, among Arkansas cities where Resideline tracked at least 100 closings inside the city limits.

Are these asking prices or sale prices?

Closed sale prices. Every price median is the price homes actually closed at inside the municipal boundary, not a listing price. The one column measured differently is realized appreciation, which uses the postal city, as the note under the table says.

Why does a cheap city show a high price per square foot?

Because the ranking median covers every property type that closed, condos and multi-family included, while the $/sqft column is single-family houses only. In cities where most sales are condos, the median price is low and the house $/sqft can still be high.

Is the appreciation figure a forecast?

No. It is the median annual change between consecutive sales of the same home, on repeat-sale pairs. It is historical and nominal, and it says what happened, not what will.

Cheapest Cities to Buy a House in Arkansas (2026)

These are the Arkansas cities with the lowest median closed home price over their reporting window, among cities where Resideline tracked at least 100 closings inside the municipal limits. Cheapest is not the same as best value, so each city also shows what houses closed at per square foot, what history says about appreciation, and how fast listed homes went under contract.

The ranking

#	City	Median closed price	Houses $/sqft	Realized appreciation	Days to contract	Closings	Window
1	Harrison	$189,483	$128	5.70%/yr	14	254	12 months
2	North Little Rock	$191,500	$121	3.79%/yr	42	487	six months
3	Paragould	$193,500	$126	4.40%/yr	24	242	six months
4	Hot Springs	$200,000	$135	n/a	n/a	191	six months
5	Fort Smith	$202,450	$123	4.70%/yr	36	656	six months
6	Russellville	$205,000	$131	4.42%/yr	17	195	six months
7	Mountain Home	$215,000	$136	n/a	n/a	156	six months
8	Searcy	$224,700	$134	4.22%/yr	n/a	218	six months
9	Jonesboro	$228,000	$141	4.05%/yr	31	605	six months
10	Van Buren	$229,000	$142	5.20%/yr	24	172	six months
11	Cabot	$243,650	$143	n/a	n/a	290	six months
12	Benton	$245,000	$150	4.25%/yr	25	355	six months
13	Siloam Springs	$253,500	$167	5.88%/yr	n/a	188	six months
14	Sherwood	$260,000	$151	3.47%/yr	n/a	251	six months
15	Hot Springs National Park	$270,000	$165	5.03%/yr	40	318	six months

1. Harrison, $189,483

Harrison's median closed price over the last 12 months was $189,483, around 69 percent of what the typical Arkansas sale closed at. 254 closings sit behind that figure, about 21 a month, enough to price against. Single-family houses closed at a median of $128 per square foot across 236 sales with usable living area. Homes that sold twice appreciated at a median of 5.70 percent a year between those sales, on 432 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home was under contract in 14 days, so a buyer here needs financing lined up before the search, not after. About 8.2 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Harrison market page.

2. North Little Rock, $191,500

Homes in North Little Rock closed at a median of $191,500 over the last six months, about 70 percent of the Arkansas statewide median. 487 closings sit behind that figure, about 81 a month, enough to price against. Single-family houses closed at a median of $121 per square foot across 467 sales with usable living area. Homes that sold twice appreciated at a median of 3.79 percent a year between those sales, on 2,256 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home took 42 days to go under contract, across 44 listed closings. About 8.9 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the North Little Rock market page.

3. Paragould, $193,500

The median closed price in Paragould is $193,500 across the last six months, which puts it at roughly 71 percent of the state figure. 242 closings sit behind that figure, about 40 a month, enough to price against. Single-family houses closed at a median of $126 per square foot across 235 sales with usable living area. Between consecutive sales of the same home, prices moved a median 4.40 percent a year (660 pairs, postal-area scope), a historical figure rather than a projection. The median listed home was under contract in 24 days, so a buyer here needs financing lined up before the search, not after. About 7.9 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Paragould market page.

4. Hot Springs, $200,000

Homes in Hot Springs closed at a median of $200,000 over the last six months, about 73 percent of the Arkansas statewide median. 191 closings sit behind that figure, about 32 a month, enough to price against. Single-family houses closed at a median of $135 per square foot across 170 sales with usable living area. Full detail is on the Hot Springs market page.

5. Fort Smith, $202,450

Fort Smith's median closed price over the last six months was $202,450, around 74 percent of what the typical Arkansas sale closed at. 656 closings sit behind that figure, about 109 a month, enough to price against. Single-family houses closed at a median of $123 per square foot across 611 sales with usable living area. Homes that sold twice appreciated at a median of 4.70 percent a year between those sales, on 1,589 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Listed homes went under contract in a median of 36 days. About 9.4 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Fort Smith market page.

6. Russellville, $205,000

Homes in Russellville closed at a median of $205,000 over the last six months, about 75 percent of the Arkansas statewide median. 195 closings sit behind that figure, about 32 a month, enough to price against. Single-family houses closed at a median of $131 per square foot across 184 sales with usable living area. Between consecutive sales of the same home, prices moved a median 4.42 percent a year (674 pairs, postal-area scope), a historical figure rather than a projection. The median listed home was under contract in 17 days, so a buyer here needs financing lined up before the search, not after. About 6.5 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Russellville market page.

7. Mountain Home, $215,000

The median closed price in Mountain Home is $215,000 across the last six months, which puts it at roughly 78 percent of the state figure. Resideline tracked 156 closings there, roughly 26 a month. On a per-square-foot basis, houses there closed at a median of $136, measured on 138 sales. Full detail is on the Mountain Home market page.

8. Searcy, $224,700

The median closed price in Searcy is $224,700 across the last six months, which puts it at roughly 82 percent of the state figure. 218 closings sit behind that figure, about 36 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $134, measured on 205 sales. Between consecutive sales of the same home, prices moved a median 4.22 percent a year (855 pairs, postal-area scope), a historical figure rather than a projection. About 7.5 percent of listings that sold were marketed as-is or distressed, which is high and part of why the entry price is low. Full detail is on the Searcy market page.

9. Jonesboro, $228,000

Homes in Jonesboro closed at a median of $228,000 over the last six months, about 83 percent of the Arkansas statewide median. 605 closings sit behind that figure, about 101 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $141, measured on 570 sales. Between consecutive sales of the same home, prices moved a median 4.05 percent a year (1,114 pairs, postal-area scope), a historical figure rather than a projection. Listed homes went under contract in a median of 31 days. Full detail is on the Jonesboro market page.

10. Van Buren, $229,000

The median closed price in Van Buren is $229,000 across the last six months, which puts it at roughly 84 percent of the state figure. 172 closings sit behind that figure, about 29 a month, enough to price against. Single-family houses closed at a median of $142 per square foot across 170 sales with usable living area. Between consecutive sales of the same home, prices moved a median 5.20 percent a year (649 pairs, postal-area scope), a historical figure rather than a projection. The median listed home was under contract in 24 days, so a buyer here needs financing lined up before the search, not after. Full detail is on the Van Buren market page.

11. Cabot, $243,650

Cabot's median closed price over the last six months was $243,650, around 89 percent of what the typical Arkansas sale closed at. 290 closings sit behind that figure, about 48 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $143, measured on 284 sales. Full detail is on the Cabot market page.

12. Benton, $245,000

Benton's median closed price over the last six months was $245,000, around 89 percent of what the typical Arkansas sale closed at. Resideline tracked 355 closings there, roughly 59 a month. On a per-square-foot basis, houses there closed at a median of $150, measured on 350 sales. Homes that sold twice appreciated at a median of 4.25 percent a year between those sales, on 2,057 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. The median listed home took 25 days to go under contract, across 43 listed closings. Full detail is on the Benton market page.

13. Siloam Springs, $253,500

Homes in Siloam Springs closed at a median of $253,500 over the last six months, close to the statewide median. 188 closings sit behind that figure, about 31 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $167, measured on 166 sales. Homes that sold twice appreciated at a median of 5.88 percent a year between those sales, on 604 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Full detail is on the Siloam Springs market page.

14. Sherwood, $260,000

Homes in Sherwood closed at a median of $260,000 over the last six months, close to the statewide median. Resideline tracked 251 closings there, roughly 42 a month. On a per-square-foot basis, houses there closed at a median of $151, measured on 246 sales. Homes that sold twice appreciated at a median of 3.47 percent a year between those sales, on 1,599 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Full detail is on the Sherwood market page.

15. Hot Springs National Park, $270,000

Homes in Hot Springs National Park closed at a median of $270,000 over the last six months, close to the statewide median. 318 closings sit behind that figure, about 53 a month, enough to price against. On a per-square-foot basis, houses there closed at a median of $165, measured on 224 sales. Homes that sold twice appreciated at a median of 5.03 percent a year between those sales, on 2,232 repeat-sale pairs across the postal area that shares the city's name; that is what happened, not what will. Listed homes went under contract in a median of 40 days. Full detail is on the Hot Springs National Park market page.

Note: realized appreciation is the one column measured on the postal city, from repeat sales of the same home across the ZIP codes that share the city's name; every other figure is confined to the municipal boundary.

How to read this list

A low median is where the analysis starts, not where it ends. Property type, size, condition and block move a number far more than the city line does, so check any address on this list against its own comparable closings.

Figures last updated September 5, 2026 from closings Resideline tracked. Appreciation is the median annual change between consecutive sales of the same home; it is historical, nominal and not a projection.