Market Overview
Home Prices in Green Forest, AR
The median home value in Green Forest, AR is $214,067 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Green Forest are priced48% below average.
Over the past five years, Green Forest home values have risen by approximately30.4%, reflecting strong long-term appreciation in this market.
Price History
Green Forest Home Price Trend
2020
$137,518
$138K
—
2021
$164,179
$164K
+19.4%
2022
$190,760
$191K
+16.2%
2023
$188,116
$188K
-1.4%
2024
$201,619
$202K
+7.2%
2025
$206,942
$207K
+2.6%
2026
$214,067
$214K
+3.4%
City Comparison
Green Forest vs. National Median
🏠 Green Forest
$214,067
National Median
$410,000
At $214,067, homes in Green Forest cost 48% below the national median of $410,000. This makes Green Forest a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Green Forest?
20% Down Payment
$42,813
on $214,067
Monthly P&I
$1,116/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,417/mo
incl. taxes & insurance
Income Needed
$56,680
gross annual (30% rule)
10% Down Option
$21,407
+ PMI applies
Loan Amount (20% dn)
$171,254
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 Green Forest, AR?
The median home value in Green Forest is $214,067 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Green Forest?
Over the past year, home values in Green Forest have increased by 3.4%. Over five years, prices have risen approximately 30.4%.
How much do I need to earn to buy a home in Green Forest?
To comfortably afford the median home price of $214,067 with a 20% down payment ($42,813) at today's rates (6.8%), you'd need a gross annual income of approximately $56,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Green Forest compare to the national average home price?
The national median home value is approximately $410,000. At $214,067, homes in Green Forest are 48% below the national average.