Market Overview
Home Prices in Forrest City, AR
The median home value in Forrest City, AR is $74,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forrest City are priced82% below average. Forrest City is part of the Forrest City, AR metro area.
Over the past five years, Forrest City home values have fallen by approximately6.6%, reflecting softening conditions in this market.
Price History
Forrest City Home Price Trend
City Comparison
Forrest City vs. National Median
At $74,351, homes in Forrest City cost 82% below the national median of $410,000. This makes Forrest City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Forrest City?
20% Down Payment
$14,870
on $74,351
Monthly P&I
$388/mo
30-yr @ 6.8%
Total Monthly Est.
~$493/mo
incl. taxes & insurance
Income Needed
$19,720
gross annual (30% rule)
10% Down Option
$7,435
+ PMI applies
Loan Amount (20% dn)
$59,481
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 Forrest City, AR?
The median home value in Forrest City is $74,351 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7% year-over-year.
How much have home prices changed in Forrest City?
Over the past year, home values in Forrest City have decreased by 7%. Over five years, prices have fallen approximately 6.6%.
How much do I need to earn to buy a home in Forrest City?
To comfortably afford the median home price of $74,351 with a 20% down payment ($14,870) at today's rates (6.8%), you'd need a gross annual income of approximately $19,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Forrest City compare to the national average home price?
The national median home value is approximately $410,000. At $74,351, homes in Forrest City are 82% below the national average.
What metro area is Forrest City part of?
Forrest City is part of the Forrest City, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.