Market Overview
Home Prices in Colt, AR
The median home value in Colt, AR is $120,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colt are priced70% below average. Colt is part of the Forrest City, AR metro area.
Over the past five years, Colt home values have risen by approximately0.6%, reflecting modest growth in this market.
Price History
Colt Home Price Trend
2020
$110,636
$111K
—
2021
$120,298
$120K
+8.7%
2022
$129,014
$129K
+7.2%
2023
$128,461
$128K
-0.4%
2024
$127,751
$128K
-0.6%
2025
$120,376
$120K
-5.8%
2026
$120,975
$121K
+0.5%
City Comparison
Colt vs. National Median
🏠 Colt
$120,975
National Median
$410,000
At $120,975, homes in Colt cost 70% below the national median of $410,000. This makes Colt a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Colt?
20% Down Payment
$24,195
on $120,975
Monthly P&I
$631/mo
30-yr @ 6.8%
Total Monthly Est.
~$801/mo
incl. taxes & insurance
Income Needed
$32,040
gross annual (30% rule)
10% Down Option
$12,098
+ PMI applies
Loan Amount (20% dn)
$96,780
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 Colt, AR?
The median home value in Colt is $120,975 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Colt?
Over the past year, home values in Colt have increased by 0.5%. Over five years, prices have risen approximately 0.6%.
How much do I need to earn to buy a home in Colt?
To comfortably afford the median home price of $120,975 with a 20% down payment ($24,195) at today's rates (6.8%), you'd need a gross annual income of approximately $32,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Colt compare to the national average home price?
The national median home value is approximately $410,000. At $120,975, homes in Colt are 70% below the national average.
What metro area is Colt part of?
Colt is part of the Forrest City, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.