Market Overview
Home Prices in Oak Grove Heights, AR
The median home value in Oak Grove Heights, AR is $195,914 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oak Grove Heights are priced52% below average. Oak Grove Heights is part of the Paragould, AR metro area.
Over the past five years, Oak Grove Heights home values have risen by approximately17.6%, reflecting steady appreciation in this market.
Price History
Oak Grove Heights Home Price Trend
City Comparison
Oak Grove Heights vs. National Median
At $195,914, homes in Oak Grove Heights cost 52% below the national median of $410,000. This makes Oak Grove Heights a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oak Grove Heights?
20% Down Payment
$39,183
on $195,914
Monthly P&I
$1,022/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,298/mo
incl. taxes & insurance
Income Needed
$51,920
gross annual (30% rule)
10% Down Option
$19,591
+ PMI applies
Loan Amount (20% dn)
$156,731
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 Oak Grove Heights, AR?
The median home value in Oak Grove Heights is $195,914 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Oak Grove Heights?
Over the past year, home values in Oak Grove Heights have increased by 1.6%. Over five years, prices have risen approximately 17.6%.
How much do I need to earn to buy a home in Oak Grove Heights?
To comfortably afford the median home price of $195,914 with a 20% down payment ($39,183) at today's rates (6.8%), you'd need a gross annual income of approximately $51,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Oak Grove Heights compare to the national average home price?
The national median home value is approximately $410,000. At $195,914, homes in Oak Grove Heights are 52% below the national average.
What metro area is Oak Grove Heights part of?
Oak Grove Heights is part of the Paragould, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.