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Featured local agent — West Memphis, AR
Sarah Mitchell
Compass Real Estate · West Memphis, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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West Memphis, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$164,900median sale price
How is the West Memphis, AR housing market right now?
The median home sale price in West Memphis, AR is $164,900, down 14.6% year-over-year. Homes sell in an average of 90 days with 77 active listings. The market is currently a buyer's 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 West Memphis a buyer's or seller's market?
West Memphis, AR is currently a buyer's market, based on 5.1 months of supply and homes selling in about 90 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
90
Average pace
Active listings
77
5.1 months supply
Sale-to-list
95.5%
Below asking
What does the West Memphis housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $164,900 |
| Median list price | $171,950 |
| Year-over-year price change | -14.6% |
| Average days on market | 90 days |
| Active inventory | 77 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 95.5% |
| Median price per sq ft | $113/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 28 |
| Listings with a price cut | 22.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in West Memphis by property type?
How the West Memphis, 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 | $167,400 | $119/sq ft | 14 | 85 days |
| Condo / Co-op | $68,000 | $60/sq ft | 1 | 190 days |
Source: Redfin · Updated monthly
The West Memphis housing market is currently classified as a buyer's market with a median sale price of $164,900. Prices have fallen 14.6% compared to last year, with homes spending an average of 90 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in West Memphis
There are currently 77 homes listed for sale in West Memphis, Arkansas. The median listing price is $172K.
Active listings
77
Homes on market
Median list price
$172K
Avg. days on market
90
Days until sale
New this week
28
Newly listed
Who lives in West Memphis?
Population
24,147
Median income
$41,860/yr
Median age
34.6 years
Owner-occupied
45.4%
College grads
14.8%
Avg commute
20.1 min
Source: U.S. Census Bureau ACS
What are homes worth in West Memphis?
Zillow home value
$133,309
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in West Memphis?
West Memphis is a community of approximately 24K residents with a median age of 34.6 years.The median household income is $41,860, which represents a working-class community with solid middle-income opportunities. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 45.4%, showing a blend of owner and renter-occupied properties. The average commute time is 20.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, West Memphis offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve West Memphis?
11 schools tracked · 5,469 students
The largest public schools serving West Memphis, 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.
THE ACADEMIES OF WEST MEMPHIS CHARTER SCHOOL
Grades 10-12 · 944 students
MARION VISUAL & PERFORMING ARTS MAGNET SCHOOL
Grades K-6 · 717 students
WONDER JUNIOR HIGH SCHOOL
Grades 7-9 · 552 students
FAULK ELEMENTARY SCHOOL
Grades PK-6 · 546 students
JACKSON/WONDER ELEMENTARY SCHOOL
Grades PK-6 · 541 students
BRAGG ELEMENTARY SCHOOL
Grades K-6 · 514 students
RICHLAND ELEMENTARY SCHOOL
Grades K-6 · 507 students
WEST JUNIOR HIGH SCHOOL
Grades 7-9 · 471 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 West Memphis, AR?
Want a head-to-head view? Compare West Memphis side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in West Memphis?
The median home sale price in West Memphis is $164,900, down 14.6% from last year.
How long do homes stay on market in West Memphis?
Homes typically spend 90 days on market before going under contract.
What is the median income in West Memphis?
The median household income is $41,860 per year.
Is West Memphis a buyer's or seller's market?
With 5.1 months of supply, West Memphis is currently a buyer's market.
What is the Zillow home value estimate for West Memphis?
The Zillow Home Value Index (ZHVI) for West Memphis is $133,309, representing the typical home value in the area.
What is the median condo price in West Memphis?
The median condo/co-op sale price in West Memphis, AR is $68,000, compared to $167,400 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in West Memphis?
The median single-family home price in West Memphis, AR is $167,400 (about $119 per square foot).
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