The best places to buy a home in Arkansas, study finds

The best places to buy a home in Arkansas, study finds

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FAYETTEVILLE, Ark. (KNWA/KFTA) — Buying a home can be a difficult step to take for many, especially with having to take factors such as available jobs and cost of living into consideration.

Niche, a data analytics company, used data from the U.S. Census, FBI and other data sources to find the best places to buy a home in Arkansas.

The company looked at home values, property taxes, housing costs, home ownership rates and real estate trends to create these rankings.

Cave Springs sits atop the rankings as the best place to buy a home in the Natural State. Located in Benton County, the city has seen rapid population growth like much of Northwest Arkansas with an estimated population of 6,081.

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The city’s median home value is $523,994, according to Zillow, the highest of any in the top 10.

Cave Springs received high ratings for public schools, housing, jobs and health and fitness.

The rest of the top five included Centerton (also in Benton County), Salem (in Fulton County), River Mountain (in Pulaski County), and Austin (in Lonoke County).

Here’s the full top 10:

Town

2023 Population Estimate

Median Home Value

1. Cave Springs

6,081

$523,994

2. Centerton

23,953

$329,986

3. Salem

1,609

$150,806

4. River Mountain

N/A (Suburb of Little Rock)

$375,330

5. Austin

4,027

$237,614

6. Bella Vista

32,368

$331,039

7. Prairie Creek

N/A (Suburb of Rogers)

$398,115

8. Pottsville

3,285

$203,448

9. Alexander

3,740

$265,522

10. Greenwood

9,671

$221,278

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Eight of the top 10 cities had a median home value higher than the state’s average of $207,880, according to Zillow. Salem and Pottsville were the only cities with lower median home values.

To see the full top 25 rankings, visit Niche’s website.

Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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