Market Overview
Home Prices in Paragould, AR
The median home value in Paragould, AR is $197,497 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Paragould are priced52% below average. Paragould is part of the Paragould, AR metro area.
Over the past five years, Paragould home values have risen by approximately21.8%, reflecting strong long-term appreciation in this market.
Price History
Paragould Home Price Trend
City Comparison
Paragould vs. National Median
At $197,497, homes in Paragould cost 52% below the national median of $410,000. This makes Paragould a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Paragould?
20% Down Payment
$39,499
on $197,497
Monthly P&I
$1,030/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,308/mo
incl. taxes & insurance
Income Needed
$52,320
gross annual (30% rule)
10% Down Option
$19,750
+ PMI applies
Loan Amount (20% dn)
$157,998
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 Paragould, AR?
The median home value in Paragould is $197,497 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Paragould?
Over the past year, home values in Paragould have increased by 1.8%. Over five years, prices have risen approximately 21.8%.
How much do I need to earn to buy a home in Paragould?
To comfortably afford the median home price of $197,497 with a 20% down payment ($39,499) at today's rates (6.8%), you'd need a gross annual income of approximately $52,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Paragould compare to the national average home price?
The national median home value is approximately $410,000. At $197,497, homes in Paragould are 52% below the national average.
What metro area is Paragould part of?
Paragould is part of the Paragould, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.