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Featured local agent — Evening Shade, AR
Sarah Mitchell
Compass Real Estate · Evening Shade, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Evening Shade, AR Housing Market
The last median sale price Redfin published was $190,000 (through May 2026). With 6.0 months of supply and homes going under contract in about 45 days, Evening Shade is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $190,000 home is about $977/mo in principal and interest.
Key numbers for Evening Shade, AR
Median sale price
$190,000
Last published period
Redfin, through May 2026
Days on market
45
Average pace
Redfin, through May 2026
Active listings
6
6.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$27,159
Home costs 7.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.9%
Selling below asking
Redfin, through May 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 Evening Shade a buyer's or seller's market?
Evening Shade, AR is a leaning buyer's, based on 6.0 months of supply and homes selling in about 45 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Evening Shade housing market data show?
Every row below is Redfin's final published month for Evening Shade, AR. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $190,000 |
| Median price per sq ft | $169/sq ft |
| Median days on market | 45 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 97.9% |
| Homes sold (that month) | 1 |
| Market condition | Leaning buyer's |
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 Evening Shade is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Evening Shade 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 Evening Shade home prices moved?
Across the 16 months we hold for Evening Shade, AR, the median sale price rose 150.2%, from $75,950 in August 2021 to $190,000. For prices to fall meaningfully from here, supply would have to keep building past 6.0 months while the sale-to-list ratio slips below its current 97.9%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Evening Shade?
Priced off the median sale price of $190,000 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $38,000 | $152,000 | $977/mo |
| 5% | $9,500 | $180,500 | $1,160/mo |
Redfin, through May 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 $977, that implies roughly $41,863 a year before you add taxes and insurance. The median household in Evening Shade earns $27,159, about $14,704 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 7.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Evening Shade in the next 12 months?
Tell us your timeline. We send the Evening Shade market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Evening Shade?
Zillow does not publish a rent index (ZORI) for Evening Shade, 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 Evening Shade?
Active listings in Evening Shade, AR went from 1 in August 2021 to 6 in May 2026, a +500.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| July 2023 | 3 | 2 |
| August 2023 | 1 | 1 |
| September 2023 | 1 | not published |
| October 2023 | 1 | 1 |
| April 2024 | 1 | not published |
| August 2024 | 1 | 1 |
| October 2024 | 2 | 1 |
| November 2024 | 1 | not published |
| December 2025 | 4 | not published |
| January 2026 | 1 | not published |
| April 2026 | 6 | 4 |
| May 2026 | 6 | not published |
Redfin, through May 2026
How does Evening Shade compare to Arkansas and the U.S.?
Evening Shade homes sell for $190,000 — 31% below the Arkansas median of $275,500. Against the national median of $410,700, Evening Shade runs 54% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Evening Shade, AR | $190,000 | not published | 45 days |
| Arkansas statewide | $275,500 | +3.1% | 53 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Evening Shade
What buyers should watch
- Months of supply, currently 6.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $183 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 $190,000 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 Evening Shade listing goes under contract in 45 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 97.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Evening Shade varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Evening Shade
There are currently 6 homes listed for sale in Evening Shade, Arkansas.
Active listings
6
Homes on market
Avg. days on market
45
Days until sale
How much do homes cost in Evening Shade by property type?
How the Evening Shade, AR market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $190,000 | $169/sq ft | 1 | 45 days |
Who lives in Evening Shade?
American Community Survey estimates for Evening Shade. U.S. Census ACS, 2023
Population
323
Households
153
Median income
$27,159/yr
Median age
56 years
Owner-occupied
86.9%
Median home value
$122,000
Median gross rent
$619/mo
Mean commute
23.5 min
86.9% of occupied homes in Evening Shade 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 Evening Shade, AR?
Ordered by distance from Evening Shade, not by size. Compare Evening Shade side by side with any of them.
Evening Shade housing market FAQ
Is Evening Shade a buyer's or seller's market?
Evening Shade, AR is currently a leaning buyer's. That read comes from 6.0 months of supply, homes going under contract in about 45 days, and sellers getting 97.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Evening Shade?
The median sale price in the last month Redfin published was $190,000, about $169 per square foot.
Is Evening Shade cheaper than the rest of Arkansas?
Evening Shade's median sale price of $190,000 is 31% lower than the Arkansas statewide median of $275,500, and 54% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Evening Shade?
Homes in Evening Shade, AR spent a median of 45 days on market before going under contract, versus 53 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Evening Shade?
At the current 30-year fixed rate of 6.66%, 20% down on a $190,000 home is about $977 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $41,863 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $27,159.
Are home prices rising in Evening Shade?
We do not hold a complete 12-month value series for Evening Shade, 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 Evening Shade?
Evening Shade 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 Evening Shade?
That depends on your timeline, not on a headline. What the data says today: Evening Shade, AR is a leaning buyer's with 6.0 months of supply, 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 $190,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.