House Prices

House Prices & Home Values Elaine, AR 2026


Average Data

average house price$6,000
average size per house998 ft²
average price per ft²7 $ / ft²

04/17/2026 - The value range (VR) for house prices in Elaine, AR is $6/ sqft to $6/ sqft. An average home with 998 sqft costs approximately $5,988 to $5,988. Elaine, AR includes 1 ZIP codes and it is located in Phillips county. The lowest prices are found in ZIP 72333, while the highest are in ZIP 72333. The average price per sqare feet is $7. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Elaine

723337 $ / ft²




Historical development of home values in Elaine

Year Estimated value (USD) Change vs. 2025
2010 $2,787 -53.6%
2011 $2,679 -55.4%
2012 $2,672 -55.5%
2013 $2,771 -53.8%
2014 $2,909 -51.5%
2015 $3,059 -49.0%
2016 $3,218 -46.4%
2017 $3,392 -43.5%
2018 $3,579 -40.3%
2019 $3,745 -37.6%
2020 $3,939 -34.4%
2021 $4,480 -25.3%
2022 $5,223 -13.0%
2023 $5,508 -8.2%
2024 $5,826 -2.9%
2025 $6,000 0.0%

Graph: estimated home values in Elaine over time (USD)



Example: 100% financing house in Elaine

Loan amount: $6,000

Interest rate: 6.00%

Fixed monthly payment: $35.97

Breakdown in the 1st month:
Interest portion: $30.00  –  Principal portion: $5.97

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $358.00 $73.68 $5,926.32
2 $353.45 $78.23 $5,848.09
3 $348.63 $83.05 $5,765.04
4 $343.50 $88.17 $5,676.87
5 $338.07 $93.61 $5,583.26
6 $332.29 $99.38 $5,483.88
7 $326.16 $105.51 $5,378.36
8 $319.65 $112.02 $5,266.34
9 $312.75 $118.93 $5,147.41
10 $305.41 $126.27 $5,021.14
11 $297.62 $134.05 $4,887.09
12 $289.35 $142.32 $4,744.77
13 $280.58 $151.10 $4,593.67
14 $271.26 $160.42 $4,433.25
15 $261.36 $170.31 $4,262.93
16 $250.86 $180.82 $4,082.11
17 $239.70 $191.97 $3,890.14
18 $227.86 $203.81 $3,686.33
19 $215.29 $216.38 $3,469.94
20 $201.95 $229.73 $3,240.22
21 $187.78 $243.90 $2,996.32
22 $172.74 $258.94 $2,737.38
23 $156.76 $274.91 $2,462.46
24 $139.81 $291.87 $2,170.60
25 $121.81 $309.87 $1,860.73
26 $102.69 $328.98 $1,531.74
27 $82.40 $349.27 $1,182.47
28 $60.86 $370.82 $811.65
29 $37.99 $393.69 $417.97
30 $13.71 $417.97 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Elaine, AR


1500 sqft3900 sqft
Ø selling price$12,706$27,028
Ø fast selling$11,551$24,325
Ø high price sale$13,861$29,730

In 2026, houses in Elaine, AR will be offered at an average price of $7 per square foot. A 1,500 sqft home priced at $12,706 is 24.31% more expensive per square foot than a 3,900 sqft home priced at $27,028. Home prices in Elaine, AR vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $18,711. Sellers who can wait longer may achieve a higher price of up to $22,870.


Discover Elaine, Arkansas

Overview

Elaine, AR is a small town in Phillips County in the Arkansas Delta, known for rural landscapes and a quiet pace.
Its location near the Mississippi River and scenic farm roads offers classic Delta views.

History

The town?s history is tied to cotton and rice farming and to pivotal civil rights events, including the 1919 Elaine Massacre.
Visitors can learn context through regional museums, memorials, and educational resources.

Economy and Community

Agriculture remains central, with local producers growing soybeans, cotton, and corn, and seasonal activity shaping daily life.
Community pride shows in churches, schools, and gatherings that support neighbors and celebrate small-town traditions.

Nature and Recreation

Outdoor enthusiasts explore birding routes, hunting and fishing opportunities, and scenic drives across the flat Delta landscape.
Access to nearby river landings and wildlife areas offers peaceful sunrises, migrating waterfowl, and wide-open skies.

Travel Tips

Travelers will find quiet roads, friendly stops, and photo-worthy barns, and should plan ahead for services typical of rural towns.
Combining a visit to Elaine with other Phillips County and Delta heritage sites creates a memorable, authentic Arkansas experience.



FAQ – Home Values in Elaine

What is the median home value in Elaine in 2026?

In 2026, the typical home value in Elaine is about $6,000 for an average home size of 998 square feet. This corresponds to an average price of roughly $7 per square foot.

What is the average cost per square foot in Elaine?

In 2026, homes in Elaine sell for an average of around $7 per square foot, with a typical range between $6 and $6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Elaine is about 998 square feet, with an estimated 2026 value around $6,000.



Locations close to Elaine, AR

Forrest City, AR69 $ / ft²
Frenchmans Bayou, AR55 $ / ft²
Gilmore, AR62 $ / ft²
Edmondson, AR67 $ / ft²
Earle, AR61 $ / ft²
Dyess, AR59 $ / ft²
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