Market Overview
Home Prices in Bono, AR
The median home value in Bono, AR is $207,637 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bono are priced49% below average. Bono is part of the Paragould, AR metro area.
Over the past five years, Bono home values have risen by approximately32.2%, reflecting strong long-term appreciation in this market.
Price History
Bono Home Price Trend
2020
$139,625
$140K
—
2021
$157,025
$157K
+12.5%
2022
$180,791
$181K
+15.1%
2023
$190,507
$191K
+5.4%
2024
$196,969
$197K
+3.4%
2025
$196,682
$197K
-0.1%
2026
$207,637
$208K
+5.6%
City Comparison
Bono vs. National Median
🏠 Bono
$207,637
National Median
$410,000
At $207,637, homes in Bono cost 49% below the national median of $410,000. This makes Bono a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bono?
20% Down Payment
$41,527
on $207,637
Monthly P&I
$1,083/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,375/mo
incl. taxes & insurance
Income Needed
$55,000
gross annual (30% rule)
10% Down Option
$20,764
+ PMI applies
Loan Amount (20% dn)
$166,110
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 Bono, AR?
The median home value in Bono is $207,637 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Bono?
Over the past year, home values in Bono have increased by 5.6%. Over five years, prices have risen approximately 32.2%.
How much do I need to earn to buy a home in Bono?
To comfortably afford the median home price of $207,637 with a 20% down payment ($41,527) at today's rates (6.8%), you'd need a gross annual income of approximately $55,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Bono compare to the national average home price?
The national median home value is approximately $410,000. At $207,637, homes in Bono are 49% below the national average.
What metro area is Bono part of?
Bono is part of the Paragould, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.