Market Overview
Home Prices in Bay, AR
The median home value in Bay, AR is $141,487 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and down 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bay are priced65% below average. Bay is part of the Jonesboro, AR metro area.
Over the past five years, Bay home values have risen by approximately29.9%, reflecting strong long-term appreciation in this market.
Price History
Bay Home Price Trend
2020
$99,280
$99K
—
2021
$108,895
$109K
+9.7%
2022
$119,164
$119K
+9.4%
2023
$139,763
$140K
+17.3%
2024
$139,329
$139K
-0.3%
2025
$133,129
$133K
-4.4%
2026
$141,487
$141K
+6.3%
City Comparison
Bay vs. National Median
🏠 Bay
$141,487
National Median
$410,000
At $141,487, homes in Bay cost 65% below the national median of $410,000. This makes Bay a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bay?
20% Down Payment
$28,297
on $141,487
Monthly P&I
$738/mo
30-yr @ 6.8%
Total Monthly Est.
~$937/mo
incl. taxes & insurance
Income Needed
$37,480
gross annual (30% rule)
10% Down Option
$14,149
+ PMI applies
Loan Amount (20% dn)
$113,190
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bay, AR?
The median home value in Bay is $141,487 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Bay?
Over the past year, home values in Bay have increased by 6.3%. Over five years, prices have risen approximately 29.9%.
How much do I need to earn to buy a home in Bay?
To comfortably afford the median home price of $141,487 with a 20% down payment ($28,297) at today's rates (6.8%), you'd need a gross annual income of approximately $37,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Bay compare to the national average home price?
The national median home value is approximately $410,000. At $141,487, homes in Bay are 65% below the national average.
What metro area is Bay part of?
Bay is part of the Jonesboro, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.