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Lake Hamilton, AR

Full City Profile · Arkansas · Garland County County

3.4 /5.0
B Good
1,912 Population 924/sq mi density
$87,870 Median Income $55,877 per capita
$411,000 Home Value $238,597 Zillow
$806 Median Rent 15.3% income on rent
63°F Avg Temperature 301 sunny days/yr
492 Violent Crime/100K 4,262 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$87,870 median income, 0.3% unemployment
A
Affordability
4.0 / 5.0
$411,000 home value, $806/mo rent
F
Safety
1.0 / 5.0
492 violent crimes/100K (29% above avg)
B+
Education
3.9 / 5.0
35.8% bachelor's degree or higher

Housing Overview

Median Home Value
$411,000
46% above
US avg: $281,900
Median Rent
$806/mo
31% below
US avg: $1,163/mo
Homeownership Rate
77.1%
18% above US avg (65.4%)
Total Housing Units
1,638
Median year built: 1986

Home Value by Source

Census Median
$411,000
Zillow (ZHVI)
$238,597
Median Sale Price
$155,000
Median List Price
$369,749
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.1%
Owner-Occupied
22.9%
Renter-Occupied
77%
23%
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: $806/mo

Market Indicators (Redfin)

Median Days on Market
109 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
20.7%
of listings with price reduction
Price Per Sq Ft
$148
Active Inventory
58
homes for sale

Affordability & Housing Stock

Rent Burden
15.3%
of renters spending 30%+ of income on housing
51% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
77.1%

Complete Housing Data

Home Values

Census Median Value$411,000
Zillow Home Value (ZHVI)$238,597
Median Sale Price$155,000
Median List Price$369,749
Price Per Sq Ft$148

Rent

Census Median Rent$806
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market109
Sale-to-List Ratio0.9%
Price Drops20.7%
Homes Sold3
Active Inventory58
Price Per Sq Ft$148

Ownership & Stock

Owner-Occupied77.1%
Renter-Occupied22.9%
Homeownership Rate77.1%
Total Housing Units1,638
Median Year Built1986
Rent Burden15.3%