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Featured local agent — Elm Springs, AR
Sarah Mitchell
Compass Real Estate · Elm Springs, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elm Springs, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$750,000median sale price
How is the Elm Springs, AR housing market right now?
The median home sale price in Elm Springs, AR is $750,000, up 15.4% year-over-year. Homes sell in an average of 20 days with 19 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elm Springs a buyer's or seller's market?
Elm Springs, AR is currently a leaning buyer's, based on 6.3 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
20
Fast-moving
Active listings
19
6.3 months supply
Sale-to-list
97.0%
Below asking
What does the Elm Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $750,000 |
| Median list price | $712,095 |
| Year-over-year price change | +15.4% |
| Average days on market | 20 days |
| Active inventory | 19 listings |
| Months of supply | 6.3 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $231/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 9 |
| Listings with a price cut | 47.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Elm Springs by property type?
How the Elm Springs, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $750,000 | $231/sq ft | 3 | 20 days |
Source: Redfin · Updated monthly
The Elm Springs housing market is currently classified as a leaning buyer's with a median sale price of $750,000. Prices have risen 15.4% compared to last year, with homes spending an average of 20 days on market, indicating 6.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Elm Springs
There are currently 19 homes listed for sale in Elm Springs, Arkansas. The median listing price is $712K.
Active listings
19
Homes on market
Median list price
$712K
Avg. days on market
20
Days until sale
New this week
9
Newly listed
Who lives in Elm Springs?
Population
3,000
Median income
$112,917/yr
Median age
43 years
Owner-occupied
94.3%
College grads
42.2%
Avg commute
18.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Elm Springs?
Zillow home value
$634,377
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Elm Springs?
Elm Springs is a community of approximately 3K residents with a median age of 43 years.The median household income is $112,917, which reflects a relatively affluent area with strong earning potential. 42.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 94.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elm Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elm Springs, AR?
Want a head-to-head view? Compare Elm Springs side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elm Springs?
The median home sale price in Elm Springs is $750,000, up 15.4% from last year.
How long do homes stay on market in Elm Springs?
Homes typically spend 20 days on market before going under contract.
What is the median income in Elm Springs?
The median household income is $112,917 per year.
Is Elm Springs a buyer's or seller's market?
With 6.3 months of supply, Elm Springs is currently a leaning buyer's.
What is the Zillow home value estimate for Elm Springs?
The Zillow Home Value Index (ZHVI) for Elm Springs is $634,377, representing the typical home value in the area.
How much does a single-family home cost in Elm Springs?
The median single-family home price in Elm Springs, AR is $750,000 (about $231 per square foot).
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