The 10 Best Places To Buy A House In Arkansas For 2021


Using science and data, we can tell you which places in Arkansas have seen home prices rising and people flocking over the past year.

Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2021.

There's a the age old question everyone thinks about when they decide to move to a city in Arkansas:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in Arkansas, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Natural State.

To do that we are going to look at places in Arkansas that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Arkansas at the moment? That would be Ward according to our analysis.

Here's a look at the top ten places to buy a home in Arkansas for 2021.

The 10 Best Places To Buy A Home In Arkansas For 2021

  1. Ward
  2. White Hall
  3. Walnut Ridge
  4. Berryville
  5. Greenbrier
  6. Mena
  7. Warren
  8. Pea Ridge
  9. Alma
  10. Prairie Grove

What's the best place to buy a home in Arkansas for 2021? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in Arkansas and, for those of you on a budget, the cheapest places to live in Arkansas.

For more Arkansas reading, check out:

The 10 Best Cities To Buy A House In Arkansas For 2021

Overall SnackAbility

6
/10

Population: 5,060
Median Home Price: $117,400
Population Change: 2.1%
Home Price Change: 2.4%
More on Ward: Homes For Sale | Data

White Hall, AR

Overall SnackAbility

8.5
/10

Population: 5,078
Median Home Price: $161,100
Population Change: -1.6%
Home Price Change: 15.6%
More on White Hall: PhotosHomes For Sale | Data

Walnut Ridge, AR

Overall SnackAbility

4
/10

Population: 5,098
Median Home Price: $89,900
Population Change: -0.5%
Home Price Change: 8.7%
More on Walnut Ridge: PhotosHomes For Sale | Data

Berryville, AR

Overall SnackAbility

4
/10

Population: 5,442
Median Home Price: $111,900
Population Change: 0.4%
Home Price Change: 11.6%
More on Berryville: PhotosHomes For Sale | Data

Overall SnackAbility

5
/10

Population: 5,478
Median Home Price: $141,200
Population Change: 2.0%
Home Price Change: 1.1%
More on Greenbrier: Homes For Sale | Data

Mena, AR

Overall SnackAbility

3
/10

Population: 5,558
Median Home Price: $88,500
Population Change: -0.7%
Home Price Change: -0.7%
More on Mena: PhotosHomes For Sale | Data

Warren, AR

Overall SnackAbility

5
/10

Population: 5,646
Median Home Price: $85,500
Population Change: -1.0%
Home Price Change: 19.6%
More on Warren: PhotosHomes For Sale | Data

Pea Ridge, AR

Overall SnackAbility

6
/10

Population: 5,717
Median Home Price: $133,400
Population Change: 4.2%
Home Price Change: 5.4%
More on Pea Ridge: PhotosHomes For Sale | Data

Alma, AR

Overall SnackAbility

5
/10

Population: 5,742
Median Home Price: $145,900
Population Change: 0.9%
Home Price Change: 3.0%
More on Alma: PhotosHomes For Sale | Data

Prairie Grove, AR

Overall SnackAbility

8
/10

Population: 5,845
Median Home Price: $152,700
Population Change: 6.4%
Home Price Change: 4.4%
More on Prairie Grove: PhotosHomes For Sale | Data

How do you determine the best places to buy a home in Arkansas for 2021?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in Arkansas. Put differently, the analysis will try to find places in Arkansas with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2015-2019 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for Arkansas with the following caveats:

So of the 0 cities and towns in Arkansas, only 63 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 63 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Ward is the best potential gem in the not-so-rough in the Natural State.

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In Arkansas for 2021

There's our analysis of the best places to buy a house in Arkansas. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more Arkansas reading, check out:

Detailed List Of The Best Places To Buy A Home In Arkansas

City Rank Median Home Price Population Change Home Price Increase
Ward 1 $117,400 2.1% 2.4%
White Hall 2 $161,100 -1.6% 15.6%
Walnut Ridge 3 $89,900 -0.5% 8.7%
Berryville 4 $111,900 0.4% 11.6%
Greenbrier 5 $141,200 2.0% 1.1%
Mena 6 $88,500 -0.7% -0.7%
Warren 7 $85,500 -1.0% 19.6%
Pea Ridge 8 $133,400 4.2% 5.4%
Alma 9 $145,900 0.9% 3.0%
Prairie Grove 10 $152,700 6.4% 4.4%
Pocahontas 11 $80,100 0.3% 2.8%
De Queen 12 $81,000 -0.8% -4.0%
Morrilton 13 $99,100 0.1% 7.6%
Osceola 14 $81,200 -2.0% 6.1%
Farmington 15 $176,600 2.7% 1.7%
Heber Springs 16 $121,900 -0.8% -9.2%
Trumann 17 $96,100 -0.4% 9.1%
Newport 18 $72,500 -1.0% -5.5%
Wynne 19 $89,900 -1.0% 5.0%
Beebe 20 $118,600 0.3% -5.0%
Stuttgart 21 $95,100 -1.6% 1.7%
Lowell 22 $157,600 2.8% 7.1%
Greenwood 23 $136,000 0.3% 4.0%
Monticello 24 $99,500 -0.8% 3.0%
Clarksville 25 $104,900 0.9% 7.4%
Hope 26 $77,900 -0.8% 0.3%
Arkadelphia 27 $121,200 0.6% 7.7%
Batesville 28 $124,600 0.6% 6.6%
Helena-West Helena 29 $73,400 -2.0% -2.9%
Malvern 30 $93,200 0.6% 7.2%
Camden 31 $77,000 -1.4% 0.9%
Magnolia 32 $96,100 -0.1% -12.8%
Mountain Home 33 $126,100 0.7% 3.2%
Marion 34 $153,900 -0.3% 1.0%
Harrison 35 $117,900 -0.0% 11.3%
Blytheville 36 $79,400 -2.0% -1.2%
Centerton 37 $185,400 7.2% 8.6%
Forrest City 38 $65,100 -1.3% 3.0%
Siloam Springs 39 $135,500 0.9% 4.3%
El Dorado 40 $88,600 -0.8% -1.1%
Maumelle 41 $223,800 0.5% 1.0%
Bryant 42 $165,400 1.4% 3.6%
Van Buren 43 $116,200 0.5% -2.1%
Searcy 44 $145,000 -0.4% -3.8%
West Memphis 45 $86,800 -0.7% 2.6%
Cabot 46 $154,000 0.2% 3.8%
Jacksonville 47 $125,800 -0.5% 1.1%
Paragould 48 $129,100 1.0% 6.3%
Russellville 49 $128,300 -0.2% -4.5%
Texarkana 50 $119,700 -0.7% -0.3%
Sherwood 51 $154,800 0.6% 2.6%
Benton 52 $149,400 2.3% 3.1%
Hot Springs 53 $122,900 4.3% 4.9%
Pine Bluff 54 $75,500 -1.7% -0.5%
Bentonville 55 $232,600 5.6% 5.1%
North Little Rock 56 $135,200 -0.3% 2.7%
Conway 57 $171,600 1.6% 2.8%
Rogers 58 $178,000 2.2% 5.6%
Jonesboro 59 $152,900 1.8% 0.5%
Springdale 60 $150,900 1.2% 3.1%
Fayetteville 61 $207,600 1.7% 2.4%
Fort Smith 62 $121,800 0.1% 1.2%
Little Rock 63 $167,600 -0.1% 2.9%

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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