Green Forest, AR housing market
The typical Green Forest home is worth about $213,000, up 4.1% in a year, 6% below the Arkansas typical home.
Home values, sales, trends and how Green Forest compares with the towns next door — updated as new data is published.
Green Forest at a glance
Typical home value, 2016–2026
Show as a table
| January | Green Forest | Arkansas |
|---|---|---|
| 2017 | $107,000 | $140,000 |
| 2018 | $117,000 | $145,000 |
| 2019 | $124,000 | $149,000 |
| 2020 | $130,000 | $156,000 |
| 2021 | $151,000 | $172,000 |
| 2022 | $179,000 | $197,000 |
| 2023 | $183,000 | $206,000 |
| 2024 | $190,000 | $212,000 |
| 2025 | $204,000 | $220,000 |
| 2026 | $207,000 | $224,000 |
| August 2026 | $213,000 | $227,000 |
7 new homes permitted in 2025
Builders were permitted 7 new homes in Green Forest in 2025: 5 single-family houses and 2 in buildings with two or more homes. That's 2.2 per 1,000 residents, slower than across Arkansas (7.6). Over the past 10 years, Green Forest has permitted 179 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Green Forest gained 211 residents while 109 new homes were permitted: about 1.9 new residents per new home. Building and growth moved roughly in step. Across Arkansas: 1.1 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $385,000 |
| 2025 | 7 | 5 | 2 | $970,000 |
| 2024 | 13 | 3 | 10 | $1.8 million |
| 2023 | 12 | 10 | 2 | $1.4 million |
| 2022 | 7 | 7 | 0 | $935,000 |
| 2021 | 36 | 2 | 34 | $2.5 million |
| 2020 | 11 | 3 | 8 | $1 million |
| 2019 | 59 | 7 | 52 | $2.7 million |
| 2018 | 5 | 5 | 0 | $460,000 |
| 2017 | 27 | 7 | 20 | $1.2 million |
| 2016 | 2 | 2 | 0 | $144,000 |
| 2015 | 12 | 0 | 12 | $340,000 |
| 2014 | 1 | 1 | 0 | $60,000 |
| 2013 | 1 | 1 | 0 | $80,000 |
| 2012 | 1 | 1 | 0 | $50,000 |
| 2011 | 1 | 1 | 0 | $9,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 4 | 4 | 0 | $406,000 |
| 2008 | 1 | 1 | 0 | $81,000 |
| 2007 | 23 | 11 | 12 | $897,000 |
| 2006 | 40 | 2 | 38 | $1.6 million |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 6 | 6 | 0 | $296,000 |
| 2003 | 2 | 2 | 0 | $150,000 |
| 2002 | 3 | 3 | 0 | $230,000 |
| 2001 | 1 | 1 | 0 | $50,000 |
| 2000 | 15 | 15 | 0 | $656,000 |
How Green Forest ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.3 years of income
The typical Green Forest home costs about 4.3 years of the town's median household income, more than across Arkansas (3.7 years).
How Green Forest ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $980
HUD's Fair Market Rent for a two-bedroom in Green Forest is $980 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Green Forest pay a median of $707, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $680 · 4 bedrooms $1,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (72638; Carroll County, AR), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.