Market Overview
Home Prices in Peel, AR
The median home value in Peel, AR is $231,715 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.1% 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 Peel are priced43% below average.
Over the past five years, Peel home values have risen by approximately7.0%, reflecting steady appreciation in this market.
Price History
Peel Home Price Trend
2020
$174,140
$174K
—
2021
$216,580
$217K
+24.4%
2022
$245,691
$246K
+13.4%
2023
$251,970
$252K
+2.6%
2024
$251,506
$252K
-0.2%
2025
$241,715
$242K
-3.9%
2026
$231,715
$232K
-4.1%
City Comparison
Peel vs. National Median
🏠 Peel
$231,715
National Median
$410,000
At $231,715, homes in Peel cost 43% below the national median of $410,000. This makes Peel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Peel?
20% Down Payment
$46,343
on $231,715
Monthly P&I
$1,208/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,534/mo
incl. taxes & insurance
Income Needed
$61,360
gross annual (30% rule)
10% Down Option
$23,172
+ PMI applies
Loan Amount (20% dn)
$185,372
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 Peel, AR?
The median home value in Peel is $231,715 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.1% year-over-year.
How much have home prices changed in Peel?
Over the past year, home values in Peel have decreased by 4.1%. Over five years, prices have risen approximately 7.0%.
How much do I need to earn to buy a home in Peel?
To comfortably afford the median home price of $231,715 with a 20% down payment ($46,343) at today's rates (6.8%), you'd need a gross annual income of approximately $61,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Peel compare to the national average home price?
The national median home value is approximately $410,000. At $231,715, homes in Peel are 43% below the national average.