The story of this market
The typical home in Friendship, Arkansas sells for about $163,800.
HUD's fair market rent for a two-bedroom is $638 a month.
Monthly price momentum
Home values since 2015
+2.7%
AR · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Friendship, Arkansas
Friendship is a small, stable rural town in Hot Spring County with a population of 168. The housing market has seen significant value appreciation over the last five years, though current market activity metrics like days on market and sales volume are not publicly reported for this scale. The local economy is modest, with a high homeownership rate and a very short average commute.
No ARED county foreclosure postings attributed to Friendship yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 9.5% — a stable, low-distress profile.
Friendship is a small, rural community best suited for those seeking a quiet, low-density lifestyle with a high homeownership rate and a very short average commute time.
The area is primarily car-dependent, with most residents driving alone to work and an average commute time of approximately 7.5 to 10 minutes.
The rental market is characterized by a median gross rent of $638, with a renter-occupied share of approximately 23.3%.
The local economy is small and rural, with a median household income of $55,625 and an unemployment rate reported at 0.0%.
Property taxes are determined by a composite rate of 5.4800% against assessed value, which varies by specific location within Hot Spring County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arkansas) — Arkansas Disabled Veteran Total Property Tax Exemption: Provides a 100% exemption from all ad valorem real property taxes on the principal homestead. Formula: Net Ad Valorem Tax Due = $0.00. State (Arkansas) — Arkansas Senior and Disabled Assessment Freeze: Freezes the assessed taxable value of the homestead at the prevailing assessed value at the time the owner becomes eligible or purchases the property. State (Arkansas) — Arkansas State Homestead Property Tax Credit: Provides a direct reduction against ad valorem property taxes up to $350.00 (increased to $350 by Act 655 of 2009; further statutory increases may apply up to $425 depending on legislative session). Formula: Final Tax Due = max($0, Gross Ad Valorem Tax - Homestead Credit). State (Arkansas) — Arkansas Amendment 79 Assessment Growth Caps (Assessment Limitation): Caps annual assessed value growth following a countywide reappraisal: homestead parcel taxable assessments cannot increase by more than 5% per year, and non-homestead residential parcel taxable assessments cannot increase by more than 10% per year until taxable assessment reaches… State (Arkansas) — Arkansas Ad Valorem Property Tax Assessment Ratio and Valuation: Imposes an ad valorem property tax based on a uniform statutory assessment ratio of 20% of true market value.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau and associated reporting portals.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.