Market Overview
Home Prices in Diamond City, AR
The median home value in Diamond City, AR is $168,399 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Diamond City are priced59% below average. Diamond City is part of the Harrison, AR metro area.
Over the past five years, Diamond City home values have risen by approximately33.5%, reflecting strong long-term appreciation in this market.
Price History
Diamond City Home Price Trend
City Comparison
Diamond City vs. National Median
At $168,399, homes in Diamond City cost 59% below the national median of $410,000. This makes Diamond City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Diamond City?
20% Down Payment
$33,680
on $168,399
Monthly P&I
$878/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,115/mo
incl. taxes & insurance
Income Needed
$44,600
gross annual (30% rule)
10% Down Option
$16,840
+ PMI applies
Loan Amount (20% dn)
$134,719
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 Diamond City, AR?
The median home value in Diamond City is $168,399 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Diamond City?
Over the past year, home values in Diamond City have decreased by 0.6%. Over five years, prices have risen approximately 33.5%.
How much do I need to earn to buy a home in Diamond City?
To comfortably afford the median home price of $168,399 with a 20% down payment ($33,680) at today's rates (6.8%), you'd need a gross annual income of approximately $44,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Diamond City compare to the national average home price?
The national median home value is approximately $410,000. At $168,399, homes in Diamond City are 59% below the national average.
What metro area is Diamond City part of?
Diamond City is part of the Harrison, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.