Real Estate Price Maphome prices by county

Phillips County, AR home prices

Phillips County, AR: the typical home is worth $56,147 as of 2026-05, down -3.4% over the past year and n/a since 2000. Listings run about $71/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Phillips County is falling and undervalued — very affordable for what people here earn.

Momentum-3.4%Falling
Valuation-60%Undervalued
Affordability10/10Very affordable
Market67 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1993: $52,651 → 2026: $56,147 (1.1×) pre-2000 estimated via FHFA index

Typical value$56,1472026-05
1-year-3.4%
5-year-21.4%
10-year-15.4%
Since 2000n/a
Population14k2024
Median income$37,3382023 · 1.5× income
New homes/yr162024
Price / sq ft$71listings
Days on market672026-06
Active listings472026-06
Price cuts14%of listings

Market read

At $56,147, homes in Phillips County sit 66% below the Arkansas median ($167,530) and 76% below the US median ($233,954). That ranks #74 of 74 Arkansas counties by price.

Prices are cooling (-3.4% in the last year) — leaning buyer's market.

Homes here take a while to sell — a median 67 days on the market, with 14% of listings cutting their asking price.

At 1.5× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~60% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Coahoma County, MS ($49,580) · Lee County, AR ($102,487) · Monroe County, AR ($83,899) · Arkansas County, AR ($129,625) · Tunica County, MS ($164,124) · Saint Francis County, AR ($83,595)

Frequently asked questions

What is the average home price in Phillips County, AR?
The typical home in Phillips County is worth $56,147 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Phillips County rising or falling?
Prices are down -3.4% over the past year and n/a since 2000 — a buyer's market.
Is Phillips County affordable?
At 1.5× the local median income of $37,338, Phillips County is more affordable than the typical US county.
How fast do homes sell in Phillips County?
Homes here take a median of 67 days to sell, with 14% of listings cutting their asking price.
Median home value by year
YearMedian home value
2013$64,798
2014$62,988
2015$61,170
2016$67,400
2017$68,535
2018$75,125
2019$70,479
2020$70,843
2021$70,940
2022$69,847
2023$61,242
2024$59,540
2025$58,376
2026$55,920