Elm Springs, AR

Full City Profile · Arkansas · Benton County County

4.7 /5.0
A+ Excellent
3,000 Population 504/sq mi density
$112,917 Median Income $50,685 per capita
$362,400 Home Value $633,085 Zillow
$908 Median Rent 30.4% income on rent
59°F Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.7 / 5.0
$112,917 median income, 0.9% unemployment
A+
Affordability
4.9 / 5.0
$362,400 home value, $908/mo rent
A
Education
4.4 / 5.0
42.2% bachelor's degree or higher

Housing Overview

Median Home Value
$362,400
29% above
US avg: $281,900
Median Rent
$908/mo
22% below
US avg: $1,163/mo
Homeownership Rate
94.3%
44% above US avg (65.4%)
Total Housing Units
871
Median year built: 2001

Home Value by Source

Census Median
$362,400
Zillow (ZHVI)
$633,085
Redfin Median Sale
$905,000
Median Sale Price
$905,000
Median List Price
$775,676
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.3%
Owner-Occupied
5.7%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $908/mo

Market Indicators (Redfin)

Median Sale Price
$905,000
Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$264
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
94.3%

Complete Housing Data

Home Values

Census Median Value$362,400
Zillow Home Value (ZHVI)$633,085
Redfin Median Sale$905,000
Median Sale Price$905,000
Median List Price$775,676
Price Per Sq Ft$264

Rent

Census Median Rent$908
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market94
Sale-to-List Ratio1.0%
Price Drops15.4%
Homes Sold1
Active Inventory13
Price Per Sq Ft$264

Ownership & Stock

Owner-Occupied94.3%
Renter-Occupied5.7%
Homeownership Rate94.3%
Total Housing Units871
Median Year Built2001
Rent Burden30.4%