Market Overview
Home Prices in Lafe, AR
The median home value in Lafe, AR is $174,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.8% compared to a year ago and down 9.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lafe are priced58% below average. Lafe is part of the Paragould, AR metro area.
Over the past five years, Lafe home values have risen by approximately23.6%, reflecting strong long-term appreciation in this market.
Price History
Lafe Home Price Trend
2020
$114,895
$115K
—
2021
$140,956
$141K
+22.7%
2022
$150,060
$150K
+6.5%
2023
$158,960
$159K
+5.9%
2024
$171,710
$172K
+8.0%
2025
$155,788
$156K
-9.3%
2026
$174,170
$174K
+11.8%
City Comparison
Lafe vs. National Median
🏠 Lafe
$174,170
National Median
$410,000
At $174,170, homes in Lafe cost 58% below the national median of $410,000. This makes Lafe a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lafe?
20% Down Payment
$34,834
on $174,170
Monthly P&I
$908/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,153/mo
incl. taxes & insurance
Income Needed
$46,120
gross annual (30% rule)
10% Down Option
$17,417
+ PMI applies
Loan Amount (20% dn)
$139,336
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 Lafe, AR?
The median home value in Lafe is $174,170 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.8% year-over-year.
How much have home prices changed in Lafe?
Over the past year, home values in Lafe have increased by 11.8%. Over five years, prices have risen approximately 23.6%.
How much do I need to earn to buy a home in Lafe?
To comfortably afford the median home price of $174,170 with a 20% down payment ($34,834) at today's rates (6.8%), you'd need a gross annual income of approximately $46,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Lafe compare to the national average home price?
The national median home value is approximately $410,000. At $174,170, homes in Lafe are 58% below the national average.
What metro area is Lafe part of?
Lafe is part of the Paragould, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.