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Norfork, AR

Full City Profile · Arkansas · Baxter County County

2.9 /5.0
C+ Fair
599 Population 269/sq mi density
$32,917 Median Income $15,554 per capita
$183,900 Home Value $263,601 Zillow
$730 Median Rent 51.0% income on rent
57°F Avg Temperature 305 sunny days/yr
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$32,917 median income, 0.0% unemployment
B+
Affordability
3.5 / 5.0
$183,900 home value, $730/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.9 / 5.0
23.6% bachelor's degree or higher

Housing Overview

Median Home Value
$183,900
35% below
US avg: $281,900
Median Rent
$730/mo
37% below
US avg: $1,163/mo
Homeownership Rate
52.9%
19% below US avg (65.4%)
Total Housing Units
377
Median year built: 1991

Home Value by Source

Census Median
$183,900
Zillow (ZHVI)
$263,601
Median Sale Price
$246,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

52.9%
Owner-Occupied
47.1%
Renter-Occupied
53%
47%
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: $730/mo

Market Indicators (Redfin)

Median Days on Market
105 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$141
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
52.9%

Complete Housing Data

Home Values

Census Median Value$183,900
Zillow Home Value (ZHVI)$263,601
Median Sale Price$246,000
Price Per Sq Ft$141

Rent

Census Median Rent$730
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market105
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold2
Active Inventory3
Price Per Sq Ft$141

Ownership & Stock

Owner-Occupied52.9%
Renter-Occupied47.1%
Homeownership Rate52.9%
Total Housing Units377
Median Year Built1991
Rent Burden51.0%