Market Overview
Home Prices in Lexa, AR
The median home value in Lexa, AR is $101,503 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.5% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lexa are priced75% below average. Lexa is part of the Helena-West Helena, AR metro area.
Price History
Lexa Home Price Trend
2024
$105,287
$105K
—
2025
$106,314
$106K
+1.0%
2026
$101,503
$102K
-4.5%
City Comparison
Lexa vs. National Median
🏠 Lexa
$101,503
National Median
$410,000
At $101,503, homes in Lexa cost 75% below the national median of $410,000. This makes Lexa a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lexa?
20% Down Payment
$20,301
on $101,503
Monthly P&I
$529/mo
30-yr @ 6.8%
Total Monthly Est.
~$672/mo
incl. taxes & insurance
Income Needed
$26,880
gross annual (30% rule)
10% Down Option
$10,150
+ PMI applies
Loan Amount (20% dn)
$81,202
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 Lexa, AR?
The median home value in Lexa is $101,503 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.5% year-over-year.
How much have home prices changed in Lexa?
Over the past year, home values in Lexa have decreased by 4.5%.
How much do I need to earn to buy a home in Lexa?
To comfortably afford the median home price of $101,503 with a 20% down payment ($20,301) at today's rates (6.8%), you'd need a gross annual income of approximately $26,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Lexa compare to the national average home price?
The national median home value is approximately $410,000. At $101,503, homes in Lexa are 75% below the national average.
What metro area is Lexa part of?
Lexa is part of the Helena-West Helena, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.