Market Overview
Home Prices in Lonoke, AR
The median home value in Lonoke, AR is $207,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lonoke are priced49% below average. Lonoke is part of the Little Rock-North Little Rock-Conway, AR metro area.
Over the past five years, Lonoke home values have risen by approximately21.9%, reflecting strong long-term appreciation in this market.
Price History
Lonoke Home Price Trend
City Comparison
Lonoke vs. National Median
At $207,129, homes in Lonoke cost 49% below the national median of $410,000. This makes Lonoke a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lonoke?
20% Down Payment
$41,426
on $207,129
Monthly P&I
$1,080/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,372/mo
incl. taxes & insurance
Income Needed
$54,880
gross annual (30% rule)
10% Down Option
$20,713
+ PMI applies
Loan Amount (20% dn)
$165,703
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 Lonoke, AR?
The median home value in Lonoke is $207,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Lonoke?
Over the past year, home values in Lonoke have increased by 4.9%. Over five years, prices have risen approximately 21.9%.
How much do I need to earn to buy a home in Lonoke?
To comfortably afford the median home price of $207,129 with a 20% down payment ($41,426) at today's rates (6.8%), you'd need a gross annual income of approximately $54,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Lonoke compare to the national average home price?
The national median home value is approximately $410,000. At $207,129, homes in Lonoke are 49% below the national average.
What metro area is Lonoke part of?
Lonoke is part of the Little Rock-North Little Rock-Conway, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.