Conway, AR
Full City Profile · Arkansas · Faulkner County County
3.4
/5.0
B
Good
66,288
Population
1,421/sq mi density
$58,461
Median Income
$34,160 per capita
$234,600
Home Value
$245,903 Zillow
$986
Median Rent
29.2% income on rent
60°F
Avg Temperature
301 sunny days/yr
481
Violent Crime/100K
2,736 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$58,461 median income, 2.1% unemployment
A
Affordability
4.4 / 5.0
$234,600 home value, $986/mo rent
F
Safety
1.0 / 5.0
481 violent crimes/100K (27% above avg)
A
Education
4.3 / 5.0
41.1% bachelor's degree or higher
Housing Overview
Median Home Value
$234,600
17% below
US avg: $281,900
Median Rent
$986/mo
15% below
US avg: $1,163/mo
Homeownership Rate
44.0%
33% below US avg (65.4%)
Total Housing Units
27,793
Median year built: 1998
Home Value by Source
Census Median
$234,600
Zillow (ZHVI)
$245,903
Median Sale Price
$261,625
Median List Price
$295,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.0%
Owner-Occupied
56.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$607/mo
1 Bedroom
$671/mo
2 Bedroom
$880/mo
3 Bedroom
$1,224/mo
4 Bedroom
$1,448/mo
Census median rent:
$986/mo
· Zillow rent:
$1,301/mo
Market Indicators (Redfin)
Median Days on Market
60 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
54
Price Drops
17.3%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
156
homes for sale
Affordability & Housing Stock
Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
44.0%
Complete Housing Data
Home Values
| Census Median Value | $234,600 |
| Zillow Home Value (ZHVI) | $245,903 |
| Median Sale Price | $261,625 |
| Median List Price | $295,000 |
| Price Per Sq Ft | $155 |
Rent
| Census Median Rent | $986 |
| Zillow Rent (ZORI) | $1,301 |
| FMR Studio | $607 |
| FMR 1-Bedroom | $671 |
| FMR 2-Bedroom | $880 |
| FMR 3-Bedroom | $1,224 |
| FMR 4-Bedroom | $1,448 |
Market
| Days on Market | 60 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.3% |
| Homes Sold | 54 |
| Active Inventory | 156 |
| Price Per Sq Ft | $155 |
Ownership & Stock
| Owner-Occupied | 44.0% |
| Renter-Occupied | 56.0% |
| Homeownership Rate | 44.0% |
| Total Housing Units | 27,793 |
| Median Year Built | 1998 |
| Rent Burden | 29.2% |
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