Conway, AR housing market
Typical home value
$250K
▲ 2.5% 1 yr
Typical rent
$1,314/mo
▲ 3.3% 1 yr
Gross rent yield
6.3%
U.S. 6.3%
5-year home value change
+23%
U.S. +20%
Key takeaways
- 1The typical home in Conway is worth $250,256, up 2.5% over the past year and up 23% over five years.
- 2Typical rent is $1,314 a month (+3.3% YoY), a gross rent yield of 6.3% (below the Little Rock, AR metro's 6.4%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,375/mo, $61 more than typical rent.
- 4Zillow forecasts the Little Rock, AR metro's home values to change +1.8% over the next 12 months.
Market temperature (Little Rock, AR metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 34/100, #377 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Conway compares
| Measure | Conway | Little Rock, AR metro | United States |
|---|---|---|---|
| Typical home value | $250,256 | $230,108 | $366,157 |
| Home value, 1-yr change | +2.5% | +3.7% | +1.2% |
| Typical rent | $1,314 | $1,234 | $1,932 |
| Rent, 1-yr change | +3.3% | +2.1% | +2.7% |
| Gross rent yield | 6.3% | 6.4% | 6.3% |
| Price-to-rent ratio | 15.9 | 15.5 | 15.8 |
| Mortgage P&I, typical home | $1,375 | $1,265 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Conway rental, pre-filled.
Rent vs buy in Conway
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $250K home.
Other cities in the Little Rock, AR metro
Little Rock, AR
$220K home$1,184 rent
▲ 3.5% 1 yr
North Little Rock, AR
$167K home$1,128 rent
▲ 3.6% 1 yr
Benton, AR
$240K home$1,476 rent
▲ 2.5% 1 yr
Jacksonville, AR
$172K home$1,200 rent
▲ 5.5% 1 yr
Cabot, AR
$249K home$1,448 rent
▲ 4.2% 1 yr
Sherwood, AR
$239K home$1,359 rent
▲ 4.3% 1 yr
Maumelle, AR
$308K home$1,398 rent
▲ 2.5% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.