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Featured local agent — Gravette, AR
Sarah Mitchell
Compass Real Estate · Gravette, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gravette, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$265,000median sale price
How is the Gravette, AR housing market right now?
The median home sale price in Gravette, AR is $265,000, up 1.9% year-over-year. Homes sell in an average of 35 days with 24 active listings. The market is currently a balanced market. (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 Gravette a buyer's or seller's market?
Gravette, AR is currently a balanced market, based on 4.8 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
35
Average pace
Active listings
24
4.8 months supply
Sale-to-list
98.0%
Below asking
What does the Gravette housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $265,000 |
| Median list price | $305,000 |
| Year-over-year price change | +1.9% |
| Average days on market | 35 days |
| Active inventory | 24 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $177/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 7 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Gravette by property type?
How the Gravette, 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 | $265,000 | $177/sq ft | 5 | 35 days |
| Townhouse | $425,000 | $94/sq ft | 1 | 298 days |
Source: Redfin · Updated monthly
The Gravette housing market is currently classified as a balanced market with a median sale price of $265,000. Prices have risen 1.9% compared to last year, with homes spending an average of 35 days on market, indicating 4.8 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.
Homes for sale in Gravette
There are currently 24 homes listed for sale in Gravette, Arkansas. The median listing price is $305K.
Active listings
24
Homes on market
Median list price
$305K
Avg. days on market
35
Days until sale
New this week
7
Newly listed
Who lives in Gravette?
Population
3,629
Median income
$65,014/yr
Median age
32.9 years
Owner-occupied
65.6%
College grads
20.6%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Gravette?
Zillow home value
$363,035
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Gravette?
Gravette is a community of approximately 4K residents with a median age of 32.9 years.The median household income is $65,014, which represents a working-class community with solid middle-income opportunities. 20.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gravette offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Gravette?
4 schools tracked · 2,126 students
The largest public schools serving Gravette, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GRAVETTE HIGH SCHOOL
Grades 9-12 · 625 students
GLENN DUFFY ELEMENTARY SCHOOL
Grades PK-2 · 529 students
GRAVETTE MIDDLE SCHOOL
Grades 6-8 · 521 students
GRAVETTE UPPER ELEMENTARY
Grades 3-5 · 451 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Gravette, AR?
Want a head-to-head view? Compare Gravette side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Gravette?
The median home sale price in Gravette is $265,000, up 1.9% from last year.
How long do homes stay on market in Gravette?
Homes typically spend 35 days on market before going under contract.
What is the median income in Gravette?
The median household income is $65,014 per year.
Is Gravette a buyer's or seller's market?
With 4.8 months of supply, Gravette is currently a balanced market.
What is the Zillow home value estimate for Gravette?
The Zillow Home Value Index (ZHVI) for Gravette is $363,035, representing the typical home value in the area.
How much does a single-family home cost in Gravette?
The median single-family home price in Gravette, AR is $265,000 (about $177 per square foot).
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