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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
44%
56%
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 Market60
Sale-to-List Ratio1.0%
Price Drops17.3%
Homes Sold54
Active Inventory156
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied44.0%
Renter-Occupied56.0%
Homeownership Rate44.0%
Total Housing Units27,793
Median Year Built1998
Rent Burden29.2%