Market Overview
Home Prices in Parkers-Iron Springs, AR
The median home value in Parkers-Iron Springs, AR is $164,756 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.6% compared to a year ago and down 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parkers-Iron Springs are priced60% below average. Parkers-Iron Springs is part of the Little Rock-North Little Rock-Conway, AR metro area.
Over the past five years, Parkers-Iron Springs home values have risen by approximately25.6%, reflecting strong long-term appreciation in this market.
Price History
Parkers-Iron Springs Home Price Trend
City Comparison
Parkers-Iron Springs vs. National Median
At $164,756, homes in Parkers-Iron Springs cost 60% below the national median of $410,000. This makes Parkers-Iron Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Parkers-Iron Springs?
20% Down Payment
$32,951
on $164,756
Monthly P&I
$859/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,091/mo
incl. taxes & insurance
Income Needed
$43,640
gross annual (30% rule)
10% Down Option
$16,476
+ PMI applies
Loan Amount (20% dn)
$131,805
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 Parkers-Iron Springs, AR?
The median home value in Parkers-Iron Springs is $164,756 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.6% year-over-year.
How much have home prices changed in Parkers-Iron Springs?
Over the past year, home values in Parkers-Iron Springs have increased by 13.6%. Over five years, prices have risen approximately 25.6%.
How much do I need to earn to buy a home in Parkers-Iron Springs?
To comfortably afford the median home price of $164,756 with a 20% down payment ($32,951) at today's rates (6.8%), you'd need a gross annual income of approximately $43,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Parkers-Iron Springs compare to the national average home price?
The national median home value is approximately $410,000. At $164,756, homes in Parkers-Iron Springs are 60% below the national average.
What metro area is Parkers-Iron Springs part of?
Parkers-Iron Springs 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.