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Sarah Mitchell

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Compass Real Estate · Big Flat, AR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Big Flat, AR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Big Flat, AR Housing Market

Balanced market
Redfin, through January 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $95,000 (through May 2026). With homes going under contract in about 3 days, Big Flat is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $95,000 home is about $488/mo in principal and interest.

Key numbers for Big Flat, AR

Median sale price

$95,000

Last published period

Redfin, through January 2026

Days on market

3

Fast-moving

Redfin, through January 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$19,500

Home costs 4.9x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.0%

Selling above asking

Redfin, through January 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Big Flat a buyer's or seller's market?

Balanced market3 days on market100.0% of asking

Big Flat, AR is a balanced market and homes selling in about 3 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Big Flat housing market data show?

Every row below is Redfin's final published month for Big Flat, AR. Redfin, through January 2026

Housing market statistics for Big Flat, AR, Redfin through May 2026
MetricValue
Median sale price$95,000
Median price per sq ft$99/sq ft
Median days on market3 days
Sale-to-list price ratio100.0%
Homes sold (that month)1
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Big Flat is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Big Flat is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Big Flat home prices moved?

Across the 4 months we hold for Big Flat, AR, the median sale price rose 251.9%, from $27,000 in March 2022 to $95,000.

Redfin, through January 2026 — the chart ends at Redfin's final published month.

Get Big Flat market alerts

Weekly updates on prices, inventory, and trends. Free forever.

What does it cost to buy a home in Big Flat?

Priced off the median sale price of $95,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Big Flat, AR
Down paymentCash at closeLoan amountMonthly P&I
20%$19,000$76,000$488/mo
5%$4,750$90,250$580/mo

Redfin, through January 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $488, that implies roughly $20,931 a year before you add taxes and insurance. The median household in Big Flat earns $19,500, about $1,431 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.9x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Big Flat in the next 12 months?

Tell us your timeline. We send the Big Flat market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Big Flat?

Zillow does not publish a rent index (ZORI) for Big Flat, AR, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Big Flat?

We hold fewer than two months of inventory readings for Big Flat, AR, so there is no trend to report yet.

How does Big Flat compare to Arkansas and the U.S.?

Big Flat homes sell for $95,00066% below the Arkansas median of $275,500. Against the national median of $410,700, Big Flat runs 77% lower.

Big Flat, AR compared with Arkansas and the United States
MarketMedian sale priceYoYDays on market
Big Flat, AR$95,000not published3 days
Arkansas statewide$275,500+3.1%53 days
United States$410,700not publishednot published

City and state rows: Redfin, through January 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Big Flat

What buyers should watch

  • The gap between 5% and 20% down here is $92 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $95,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Big Flat listing goes under contract in 3 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
  • Comparable ZIP-level pricing inside Big Flat varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Big Flat

Explore homes currently listed for sale in Big Flat, Arkansas across major real estate platforms.

3 bedroom mobile home for sale at 11099 Highway 14 E Big Flat - $150,000
$150,000

11099 Highway 14 E

Big Flat, AR

3 bd2 ba1,456 sqft$103/ft²
Mobile home2.00 acres
View photos & details
land for sale at Fawn Rd Big Flat - $190,750
$190,750

Fawn Rd

Big Flat, AR

Land109.00 acres
View photos & details

Looking to buy in Big Flat?

Get connected with a local real estate expert — free, no obligation.

Sale-to-list:100.0%

How much do homes cost in Big Flat by property type?

How the Big Flat, AR market breaks down across single-family homes, condos and townhouses. Redfin, through January 2026

Median price, price per square foot, homes sold and days on market by property type in Big Flat, AR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$95,000$99/sq ft13 days

Who lives in Big Flat?

American Community Survey estimates for Big Flat. U.S. Census ACS, 2023

Population

62

Households

24

Median income

$19,500/yr

Median age

27.3 years

Owner-occupied

87.5%

Mean commute

33.9 min

87.5% of occupied homes in Big Flat are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Big Flat, AR?

Ordered by distance from Big Flat, not by size. Compare Big Flat side by side with any of them.

Big Flat housing market FAQ

Is Big Flat a buyer's or seller's market?

Big Flat, AR is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.

How much do homes cost in Big Flat?

The median sale price in the last month Redfin published was $95,000, about $99 per square foot.

Is Big Flat cheaper than the rest of Arkansas?

Big Flat's median sale price of $95,000 is 66% lower than the Arkansas statewide median of $275,500, and 77% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Big Flat?

Homes in Big Flat, AR spent a median of 3 days on market before going under contract, versus 53 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Big Flat?

At the current 30-year fixed rate of 6.66%, 20% down on a $95,000 home is about $488 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $20,931 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $19,500.

Are home prices rising in Big Flat?

We do not hold a complete 12-month value series for Big Flat, AR yet, so we are not going to call a direction. The price chart above shows every period we do have.

What are the cheapest ZIP codes in Big Flat?

Big Flat ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Big Flat?

That depends on your timeline, not on a headline. What the data says today: Big Flat, AR is a balanced market, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $95,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.