Market Overview
Home Prices in Arma, KS
The median home value in Arma, KS is $122,451 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 7.1% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Arma are priced70% below average. Arma is part of the Pittsburg, KS metro area.
Over the past five years, Arma home values have risen by approximately26.3%, reflecting strong long-term appreciation in this market.
Price History
Arma Home Price Trend
2020
$90,286
$90K
—
2021
$96,918
$97K
+7.3%
2022
$108,398
$108K
+11.8%
2023
$115,937
$116K
+7.0%
2024
$125,854
$126K
+8.6%
2025
$131,792
$132K
+4.7%
2026
$122,451
$122K
-7.1%
City Comparison
Arma vs. National Median
🏠 Arma
$122,451
National Median
$410,000
At $122,451, homes in Arma cost 70% below the national median of $410,000. This makes Arma a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Arma?
20% Down Payment
$24,490
on $122,451
Monthly P&I
$639/mo
30-yr @ 6.8%
Total Monthly Est.
~$812/mo
incl. taxes & insurance
Income Needed
$32,480
gross annual (30% rule)
10% Down Option
$12,245
+ PMI applies
Loan Amount (20% dn)
$97,961
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 Arma, KS?
The median home value in Arma is $122,451 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 7.1% year-over-year.
How much have home prices changed in Arma?
Over the past year, home values in Arma have decreased by 7.1%. Over five years, prices have risen approximately 26.3%.
How much do I need to earn to buy a home in Arma?
To comfortably afford the median home price of $122,451 with a 20% down payment ($24,490) at today's rates (6.8%), you'd need a gross annual income of approximately $32,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Arma compare to the national average home price?
The national median home value is approximately $410,000. At $122,451, homes in Arma are 70% below the national average.
What metro area is Arma part of?
Arma is part of the Pittsburg, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.