Market Overview
Home Prices in Walnut Ridge, AR
The median home value in Walnut Ridge, AR is $143,566 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Walnut Ridge are priced65% below average.
Over the past five years, Walnut Ridge home values have risen by approximately19.4%, reflecting steady appreciation in this market.
Price History
Walnut Ridge Home Price Trend
2020
$108,427
$108K
—
2021
$120,255
$120K
+10.9%
2022
$136,123
$136K
+13.2%
2023
$143,433
$143K
+5.4%
2024
$145,507
$146K
+1.4%
2025
$145,753
$146K
+0.2%
2026
$143,566
$144K
-1.5%
City Comparison
Walnut Ridge vs. National Median
🏠 Walnut Ridge
$143,566
National Median
$410,000
At $143,566, homes in Walnut Ridge cost 65% below the national median of $410,000. This makes Walnut Ridge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Walnut Ridge?
20% Down Payment
$28,713
on $143,566
Monthly P&I
$749/mo
30-yr @ 6.8%
Total Monthly Est.
~$951/mo
incl. taxes & insurance
Income Needed
$38,040
gross annual (30% rule)
10% Down Option
$14,357
+ PMI applies
Loan Amount (20% dn)
$114,853
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 Walnut Ridge, AR?
The median home value in Walnut Ridge is $143,566 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Walnut Ridge?
Over the past year, home values in Walnut Ridge have decreased by 1.5%. Over five years, prices have risen approximately 19.4%.
How much do I need to earn to buy a home in Walnut Ridge?
To comfortably afford the median home price of $143,566 with a 20% down payment ($28,713) at today's rates (6.8%), you'd need a gross annual income of approximately $38,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Walnut Ridge compare to the national average home price?
The national median home value is approximately $410,000. At $143,566, homes in Walnut Ridge are 65% below the national average.