Forrest City, AR metro area Housing Market

Cold Market

Comprehensive housing market data for the Forrest City, AR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$161K

62.1% YoY

Days on Market

64 days

37.3% YoY

Active Inventory

18

18.2% YoY

Homes Sold

8

33.3% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Forrest City, AR metro area Market Summary

The Forrest City, AR metro area housing market is cooling down. As of January 2026, the median home sale price is $161K, up 62.1% year-over-year. Homes are spending a median of 64 days on the market, 37.3% shorter than a year ago.

There are 18 homes for sale — 18.2% fewer than last year. With 2.3 months of supply, this is a seller's market. 2 new listings were added during this period, down 33.3% year-over-year.

Homes are selling for 94.9% of their list price on average, suggesting room for negotiation. 12.5% of homes sell above their asking price. 16.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 2.3
Days on Market 64
Price Drops 16.7%
Sale-to-List Ratio 94.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 62.0%
Days on Market (National: 66) 3.0%
Inventory (National: 1,210,379) 100.0%

vs. Arkansas Median

Median Price (Arkansas: $263K) 39.0%
Days on Market (Arkansas: 74) 13.5%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 62% below the national median, which could indicate stronger cash flow potential.

Forrest City, AR metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$140K

Price per Sq Ft

$79

Sale-to-List Ratio

94.9%

Months of Supply

2.3

Sold Above List

12.5%

Price Drops

16.7%

New Listings

2

33.3% YoY

Pending Sales

3

Off Market in 2 Weeks

33.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.