Market Overview
Home Prices in Fairfield Bay, AR
The median home value in Fairfield Bay, AR is $146,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fairfield Bay are priced64% below average.
Over the past five years, Fairfield Bay home values have risen by approximately35.6%, reflecting strong long-term appreciation in this market.
Price History
Fairfield Bay Home Price Trend
2020
$89,435
$89K
—
2021
$108,368
$108K
+21.2%
2022
$136,275
$136K
+25.8%
2023
$144,028
$144K
+5.7%
2024
$150,366
$150K
+4.4%
2025
$147,214
$147K
-2.1%
2026
$146,919
$147K
-0.2%
City Comparison
Fairfield Bay vs. National Median
🏠 Fairfield Bay
$146,919
National Median
$410,000
At $146,919, homes in Fairfield Bay cost 64% below the national median of $410,000. This makes Fairfield Bay a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fairfield Bay?
20% Down Payment
$29,384
on $146,919
Monthly P&I
$766/mo
30-yr @ 6.8%
Total Monthly Est.
~$973/mo
incl. taxes & insurance
Income Needed
$38,920
gross annual (30% rule)
10% Down Option
$14,692
+ PMI applies
Loan Amount (20% dn)
$117,535
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 Fairfield Bay, AR?
The median home value in Fairfield Bay is $146,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Fairfield Bay?
Over the past year, home values in Fairfield Bay have decreased by 0.2%. Over five years, prices have risen approximately 35.6%.
How much do I need to earn to buy a home in Fairfield Bay?
To comfortably afford the median home price of $146,919 with a 20% down payment ($29,384) at today's rates (6.8%), you'd need a gross annual income of approximately $38,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Fairfield Bay compare to the national average home price?
The national median home value is approximately $410,000. At $146,919, homes in Fairfield Bay are 64% below the national average.