Market Overview
Home Prices in West Memphis, AR
The median home value in West Memphis, AR is $133,309 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.3% compared to a year ago and down 5.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in West Memphis are priced67% below average. West Memphis is part of the Memphis, TN-MS-AR metro area.
Over the past five years, West Memphis home values have risen by approximately13.0%, reflecting steady appreciation in this market.
Price History
West Memphis Home Price Trend
City Comparison
West Memphis vs. National Median
At $133,309, homes in West Memphis cost 67% below the national median of $410,000. This makes West Memphis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in West Memphis?
20% Down Payment
$26,662
on $133,309
Monthly P&I
$695/mo
30-yr @ 6.8%
Total Monthly Est.
~$883/mo
incl. taxes & insurance
Income Needed
$35,320
gross annual (30% rule)
10% Down Option
$13,331
+ PMI applies
Loan Amount (20% dn)
$106,647
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 West Memphis, AR?
The median home value in West Memphis is $133,309 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.3% year-over-year.
How much have home prices changed in West Memphis?
Over the past year, home values in West Memphis have increased by 8.3%. Over five years, prices have risen approximately 13.0%.
How much do I need to earn to buy a home in West Memphis?
To comfortably afford the median home price of $133,309 with a 20% down payment ($26,662) at today's rates (6.8%), you'd need a gross annual income of approximately $35,320. This assumes keeping total housing costs at or below 30% of gross income.
How does West Memphis compare to the national average home price?
The national median home value is approximately $410,000. At $133,309, homes in West Memphis are 67% below the national average.
What metro area is West Memphis part of?
West Memphis is part of the Memphis, TN-MS-AR metropolitan area. Home prices and market conditions can vary across the broader metro region.