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Siloam Springs Market Update, Fall 2026: More Choices, and Homes Are Still Selling

Siloam Springs, AR fall 2026 market update from NWA MLS data: prices up 5.2%, homes selling in about three weeks, and what it means for buyers and sellers.

· By Adam Greene, Greene Land and Home

Two-story red brick Harkness Building on a sunny day in downtown Siloam Springs, Arkansas, with shade trees and a wide sidewalk out front
Photo: “Downtown Siloam Springs, AR 014 (Harkness Building)” by Brandonrush, CC BY-SA 4.0, via source. Resized for web; no other changes.

Here's the honest answer up front: Siloam Springs buyers have plenty to choose from, and the homes priced right are still selling in about three weeks.

That's a pretty good spot for just about everybody. Buyers get room to breathe and negotiate, and sellers who price it right are still getting close to asking. Below are the numbers straight from the MLS, what we think they mean, and a quick tour of the town we love working in.

Market at a Glance: Siloam Springs

Sources & dates below

NWA MLS figures for single-family homes in the city of Siloam Springs, pulled Sep 28, 2026. Each tile says which period it covers: the last 12 months (Sep 29, 2025 – Sep 28, 2026), the last 90 days (Jun 30 – Sep 28, 2026), or listings as of Sep 28.

Median sold price (last 12 mo.)
$289,118[1]

Up 5.2% vs. the prior 12 months

Median sold price (last 90 days)
$300,063[1]

Sales Jun 30 – Sep 28, 2026

Median days on market (90 days)
21.5 days[1]

30 days over the last 12 months

Sale-to-list price (90 days)
98.8%[1]

98.1% over the last 12 months

Active listings (Sep 28)
152[1]

Plus 44 pending

Months of supply (Sep 28)
About 4.3[1]

About half of active listings (49%) have had a price cut

The short version: Buyers have more choices and room to negotiate, but well-priced homes still sell in about three weeks at nearly 99% of list price.

  1. [1] NWA MLS, single-family homes, city of Siloam Springs — pulled Sep 28, 2026

Based on information from the Northwest Arkansas Board of REALTORS® for the period September 28, 2024 through September 28, 2026, for single-family homes in Siloam Springs, AR. Calculations by Greene Land and Home. Information deemed reliable but not guaranteed.

The Numbers, in Plain English

Prices: up, modestly. The median single-family home in Siloam Springs sold for $289,118 over the last 12 months, up 5.2% from the 12 months before. Over the last 90 days, the median was $300,063. The 12-month average was higher, $323,796, because a handful of pricier homes pull it up. That’s why we lead with the median.

Inventory: buyers have options. As of Sep 28 there were 152 single-family homes for sale in town and 44 pending. At the past year’s sales pace, that’s about 4.3 months of supply. And 75 of those 152 listings, about half, have had a price reduction since they first hit the market.

Speed: the good ones still go fast. Homes that sold in the last 90 days spent a median of 21.5 days on the market and closed at 98.8% of list price. Over the full 12 months: 30 days and 98.1%. Meanwhile, homes still for sale have been listed a median of 73 days.

The gap worth knowing: the median asking price of homes on the market today is $386,250. The median sale over the last 90 days was about $300,000. Different houses, sure. But a lot of that gap is sitting in the price-cut pile.

So what’s the market doing? Across the region, the University of Arkansas’s Skyline Report calls Northwest Arkansas a buyer’s market. Siloam Springs is somewhere in between: plenty to choose from and lots of price cuts, but homes priced right still sell fast and close near asking.

All figures above: NWA MLS, single-family homes in the city of Siloam Springs, pulled Sep 28, 2026.

A note on other numbers you might see. Public sites can tell a different story on price. Redfin’s city page, for example, showed its median sale price lower than a year earlier for June through August. Redfin counts all home types, townhomes and condos included, over a three-month window, and a small sample swings with the mix of homes that happened to sell. The MLS figures above are single-family only, which is why we use them. Zillow’s home value index for single-family homes in the city was up 2.4% year over year in August. And Realtor.com’s research data (ZIP 72761, all home types) showed active listings up 40.5% from a year earlier in August, which matches what we see: more to choose from.

Why Folks Keep Moving Here

Siloam Springs is growing, and fast. The Census Bureau counted 17,287 people in 2020 and estimates 21,298 as of July 2025. KUAF puts growth at about 3.5% a year, and KHBS reported that new Census data ranked Siloam Springs second in growth among Arkansas cities of 20,000 or more.

Housing hasn’t kept up. As city senior planner Ben Rhoads told KHBS, “Everyone is competing basically for the same houses.” Builders pulled only 33 residential permits in the first half of 2026. Apartment vacancy was 2.3%, the lowest in Northwest Arkansas (Skyline Report).

The city is working on it. There’s a housing incentives program in development, and on November 3 voters will decide whether to replace an existing 5/8-cent sales tax to fund up to $55 million in wastewater upgrades (the city says the rate wouldn’t go up). That’s not glamorous, but sewer capacity is what lets a town keep building.

And people have real jobs here. The city’s economic development office lists Simmons Foods, Cobb-Vantress, Gates Corporation, John Brown University, La-Z-Boy and DaySpring among the larger employers. A lot of our neighbors never touch I-49 on a weekday.

What This Means for You

If You’re Buying

  • You’ve got real leverage on a lot of homes. With about half of listings already reduced and about 4.3 months of supply, it’s reasonable to ask for repairs, closing-cost help, or a better price, especially on homes that have been sitting.
  • Don’t assume every seller will budge. The well-priced homes have been selling in about three weeks at nearly 99% of list. Get pre-approved now so you can move when the right one shows up.
  • Compare both sides of the line. A home five minutes west in Oklahoma can mean different taxes, utilities and schools. Sometimes that’s a win, sometimes it isn’t. Run the numbers on the actual house.

If You’re Selling

  • Price off what’s selling, not what’s listed. Recent sales closed at 98.8% of list price. The homes that didn’t sell fast are the ones in that half-of-listings price-cut pile. Remember the gap: about $300,000 median sale vs. $386,250 median ask.
  • Presentation matters more with more competition. Fix the small stuff, deep clean, and get great photos. Buyers have about 150 houses to compare yours with.
  • The long game is on your side. A town growing about 3.5% a year with slow new construction is a good place to own. That’s not a price promise, just the supply-and-demand backdrop.

Life in Siloam Springs: The Short Tour

Downtown is the heart of it. City Park sits right in the middle (the city is giving its gazebo a fresh new look), with shops and restaurants around it. The last full weekend in April, the Dogwood Festival takes over downtown, and the Chamber says it draws more than 40,000 people.

The river is the other draw. The Siloam Springs Kayak Park on the Illinois River, off Fisher Ford Road south of town, has about 700 feet of Class I–II rapids, riverbank access and trails. Summer weekends get busy, and the park has charged a parking fee in peak season, so go early. About 15 minutes west, Natural Falls State Park in Oklahoma has a 77-foot waterfall that’s worth the drive.

Learning: Most of the city is in the Siloam Springs School District, and the Career Academy of Siloam Springs offers hands-on technical training. John Brown University, a private Christian university, is right in town. District lines don’t always follow city limits, so check any address with the district.

Getting around (approximate, typical routes): XNA in about 35 minutes, Fayetteville about 45, Bentonville and Rogers about 45–50, Tahlequah about an hour, and downtown Tulsa about an hour and 35 minutes via US 412.

Nearby Oklahoma Options

Siloam Springs sits right on the border, so plenty of our buyers look west, too. West Siloam Springs starts about where the city ends on US 412, and Colcord is roughly 25 minutes out on State Highway 116. Both are Oklahoma towns, so taxes, utilities and school districts work differently. Here’s the quick version.

The State-Line Math, Quickly

  • Income tax: Arkansas’s top rate dropped to 3.7% for 2026. Oklahoma’s is 4.5%.
  • Arkansas property tax: Property is assessed at 20% of appraised value, then local millage applies. The homestead credit is $600 in Benton County now and rises to $675 starting in 2027.
  • Oklahoma property tax: 11–13.5% of fair cash value is assessed, there’s a $1,000 homestead exemption, and taxable value on a homestead is generally capped at 3% growth a year.
  • Work in one state, live in the other? You’ll likely file in both. Talk to a tax pro.

Frequently Asked Questions

Is now a good time to sell a house in Siloam Springs?

It can be, if the price is right from day one. Single-family homes that sold in the last 90 days spent a median of 21.5 days on the market and closed at 98.8% of list price, and the 12-month median sold price is up 5.2% (NWA MLS, pulled Sep 28, 2026). But buyers have choices: 152 homes were for sale, about 4.3 months of supply, and about half of them had already cut their price. Well-priced, well-prepared homes are selling. Overpriced ones tend to sit.

How fast are homes selling in Siloam Springs?

Fast, if the price is right. Single-family homes that sold in the last 90 days spent a median of 21.5 days on the market, and the median over the last 12 months was 30 days (NWA MLS, pulled Sep 28, 2026). Homes still for sale on Sep 28 had been listed a median of 73 days. That gap is the story: the right house at the right price moves quickly, and the rest wait.

What does $300,000 buy in Siloam Springs?

A house right in the middle of the market. The median single-family sale in Siloam Springs over the last 90 days was $300,063 (NWA MLS, pulled Sep 28, 2026), so $300,000 is a typical budget in town right now. What it gets you depends on age, size, condition, lot and location. One heads-up: the median asking price of homes on the market today is $386,250, well above what's actually been selling, and about half of current listings have already come down in price. Shop by recent sales, not asking prices.

What's new construction like in Siloam Springs right now?

Building has slowed. The city issued 33 residential building permits in the first half of 2026, down from 54 in the second half of 2025. Active subdivisions had 230 empty lots and 40 homes under construction, with 906 more lots planned but not yet active (Skyline Report 1H 2026, University of Arkansas CBER). The city has also been developing a housing incentives program aimed at adding new homes.

Can I find a home with acreage near Siloam Springs?

Yes. Rural property surrounds town on both sides of the state line, from small acreage to larger tracts. With land, check the basics early: legal access, well or rural water, septic, which school district and county you're in, and whether you're inside city limits. On the Oklahoma side, taxes and utilities work differently too.

Sources

  1. Northwest Arkansas Board of REALTORS® MLS (NWA MLS): single-family sales and listings, city of Siloam Springs (calculations by Greene Land and Home) (accessed Sep 28, 2026)
  2. Redfin: Siloam Springs, AR housing market (city, all home types), 3 months ending Aug 2026 (accessed Sep 28, 2026)
  3. Realtor.com Research: ZIP-level inventory core metrics (Aug 2026) (accessed Sep 28, 2026)
  4. Zillow Research: Home Value Index (city, single-family) (accessed Sep 28, 2026)
  5. Skyline Report 1H 2026, Residential (CBER, University of Arkansas / Arvest) (accessed Sep 28, 2026)
  6. Skyline Report 1H 2026, Multifamily (CBER, University of Arkansas / Arvest) (accessed Sep 28, 2026)
  7. Talk Business & Politics: Skyline Report: Northwest Arkansas a buyer's market amid mixed home prices (Aug. 21, 2026) (accessed Sep 28, 2026)
  8. KHBS/4029: Siloam Springs explores housing incentives as population growth booms (May 19, 2026) (accessed Sep 28, 2026)
  9. KUAF Ozarks at Large: Siloam Springs proposes housing incentives for developers, curbing sprawl (June 4, 2026) (accessed Sep 28, 2026)
  10. U.S. Census Bureau QuickFacts: Siloam Springs city, Arkansas (accessed Sep 28, 2026)
  11. City of Siloam Springs: Housing Incentives Program update (June 24, 2026) (accessed Sep 28, 2026)
  12. City of Siloam Springs: 5/8-cent Sales and Use Tax Information (Nov. 3, 2026 election) (accessed Sep 28, 2026)
  13. Why Siloam: Major employers (Siloam Springs economic development) (accessed Sep 28, 2026)
  14. Siloam Springs Chamber of Commerce: Dogwood Festival (accessed Sep 28, 2026)
  15. Arkansas Tourism: Siloam Springs Kayak Park (accessed Sep 28, 2026)
  16. TravelOK: Natural Falls State Park (accessed Sep 28, 2026)
  17. Town of West Siloam Springs: official website (accessed Sep 28, 2026)
  18. Oklahoma Historical Society, Encyclopedia of Oklahoma History and Culture: Colcord (accessed Sep 28, 2026)
  19. Benton County (AR) Assessor FAQ (accessed Sep 28, 2026)
  20. Arkansas Democrat-Gazette: Homestead property tax credit rises to $675 (May 1, 2026) (accessed Sep 28, 2026)
  21. Office of the Governor of Arkansas: Bills Signed, HB1001 and SB1 (income tax cut) (accessed Sep 28, 2026)
  22. Oklahoma Senate: Comprehensive tax cuts sent to Governor (HB 2764) (accessed Sep 28, 2026)
  23. Drive times: OpenStreetMap data via OSRM routing (approximate, no traffic) (accessed Sep 28, 2026)

Drive times are approximate and vary by route and traffic. Tax figures are general information, not tax or legal advice; confirm details with the county assessor or a tax professional.

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