Markets › Arkansas
In the Natural State, part of the Census Bureau's West South Central division, Pecan Street tracks five markets. Median sale prices run from $230K in Fort Smith to $376K in Fayetteville over Jul–Sep 2026. Four of five are higher than a year earlier and one is lower; Jonesboro leads at +9.4% and Fayetteville trails at -0.7%.
Homes sit longest in Hot Springs (77 median days on market) and sell fastest in Little Rock (54 days). The share of active listings with a price cut runs from 23% in Jonesboro to 39% in Fayetteville. Price-to-rent ratios run from about 14 in Jonesboro to 18 in Fayetteville, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Jonesboro metro has the 17th-lowest share of listings with a price cut. Arkansas's unemployment rate was 3.9% in Sep 2026 (BLS via FRED), below the national rate of 4.2%.
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Fayetteville | $376K | -0.7% | 69 | 39% | ≈ 18 |
| Fort Smith | $230K | +2.4% | 64 | 27% | ≈ 15 |
| Hot Springs | $283K | +2.3% | 77 | 25% | ≈ 17 |
| Jonesboro | $236K | +9.4% | 66 | 23% | ≈ 14 |
| Little Rock | $266K | +6.8% | 54 | 35% | ≈ 15 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Strength 4 / 5
42 days
Bella Vista homes taking 42 days to sell — +100.0% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Source: Redfin, city figures, Jul–Sep 2026