West Memphis, AR Home Values & Market Trends
Real estate market trends reflect that there have been 379 transactions over the past year in West Memphis. The median value for residential home transactions that occurred over the previous year is $131,114. The number of current listings in West Memphis is 122, and the percentage of properties for sale in the city is 122.00%. West Memphis, AR currently has 20 properties in foreclosure, 8 bank owned properties, 12 properties headed for auction, and 122 properties for sale.
West Memphis, AR Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 72301 | $ 131,114 $ 101/sqft |
Housing Market Summary for West Memphis, AR
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $99,900 | $96,000 | -3.90% |
| Median Sold Price | $150.6K | $130.2K | -13.55% |
| Homes For Sale | 171 | 121 | -29.24% |
| Homes Sold | 162 | 181 | 11.73% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in West Memphis, AR
Browse Homes in West Memphis, AR
West Memphis home values range from $11,423 to $662,871. The median estimated value of a home in West Memphis is $131,114. The median list price of a home is 96,000, and the total count of properties in the city is 341.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in West Memphis, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within West Memphis, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in West Memphis, AR ranges from the highest value of $195,934 in 72301 to the lowest value of $18,401 in 72301. Bank owned homes and properties account for 2.35% of properties in West Memphis, AR. There is 1 zips within West Memphis, AR; 72301 containing 8 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions72301 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of West Memphis, AR. Auction homes and other auction properties account for 3.52% of all properties in West Memphis, AR. There is 1 zips within West Memphis, AR; of that zips, the median estimated home value for homes going to auction ranges from $188,167 in 72301 to the lowest value of $110,893 in 72301.
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Guide for West Memphis, AR
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
