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: March 2026

Median Sale Price

$125K

25.2% YoY

Days on Market

111 days

164.3% YoY

Active Inventory

27

35.0% YoY

Homes Sold

6

50.0% 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 March 2026, the median home sale price is $125K, down 25.2% year-over-year. Homes are spending a median of 111 days on the market, 164.3% longer than a year ago.

There are 27 homes for sale — 35.0% more than last year. With 4.5 months of supply, this is a balanced market. 13 new listings were added during this period, up 62.5% year-over-year.

Homes are selling for 97.8% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 18.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 4.5
Days on Market 111
Price Drops 18.5%
Sale-to-List Ratio 97.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 71.4%
Days on Market (National: 55) 101.8%
Inventory (National: 1,314,690) 100.0%

vs. Arkansas Median

Median Price (Arkansas: $270K) 53.8%
Days on Market (Arkansas: 75) 48.0%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 71% below the national median, which could indicate stronger cash flow potential.

Forrest City, AR metro area Market Trends

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Detailed Market Metrics

Median List Price

$198K

Price per Sq Ft

$86

Sale-to-List Ratio

97.8%

Months of Supply

4.5

Sold Above List

0.0%

Price Drops

18.5%

New Listings

13

62.5% YoY

Pending Sales

5

Off Market in 2 Weeks

60.0%

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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.