Property details·Cabot, Lonoke County, Arkansas·326-00501-000
85 N Heights
Cabot, AR 72023
Lonoke County
326-00501-000
35.006183, -92.070099
| Category | Amount | Year |
|---|---|---|
| Tax value | $2,707.05 | 2026 |
| Market value | $344,450 | 2023 |
| Assessed value | $68,890 | 2026 |
| Building value | $304,450 | — |
| Land value | $40,000 | — |
Values reflect public tax roll data as of the year shown.
County context
There's a reason Lonoke County feels perpetually mid-construction. Sandwiched between Little Rock and the Arkansas River bottomlands, this largely rural county has quietly become one of central Arkansas's premier bedroom communities — and the data tells that story unmistakably. With a median year built of 2004, the housing stock here is among the newest in the state, reflecting two decades of sustained suburban migration from the capital metro. Subdivisions that didn't exist when Bill Clinton was governor are now filling with young families chasing affordability that Little Rock itself increasingly can't offer.
At a median home price of $220,000 and a median household income of $71,449, Lonoke County sits at a price-to-income ratio of roughly 3.1x — well below the national benchmark of 4x and a striking outlier in an era when housing affordability has collapsed across most American metros. For buyers priced out of Pulaski County, crossing the county line can mean tens of thousands of dollars in savings while remaining within reasonable commuting distance of downtown Little Rock.
The 4.2% year-over-year appreciation signals that the secret is getting out, but prices haven't yet rocketed out of reach. The gap between the P10 price ($62,750) and P90 ($405,000) also suggests genuine diversity in the housing market — from rural acreage and older farmhouses to newer planned communities near Cabot and Lonoke city.
| Stat | Value | Context |
|---|---|---|
| Median Home Price | $220,000 | ~3.1x median income — well below 4x national benchmark |
| Homeownership Rate | 74.4% | significantly above U.S. average of ~65% |
| YoY Price Change | +4.2% | steady appreciation amid suburban demand |
| Median Year Built | 2004 | among Arkansas's newest housing stocks |
The affordability comes with a catch that the commute data makes brutally clear: 80.7% of residents drive alone to work, public transit is functionally nonexistent (0.0%), and walkability is essentially zero. This is a county built around the automobile — and that means residents are exposed to volatile gas prices in ways that suburban counties near transit corridors simply aren't. The 1.9% no-vehicle rate is remarkably low, suggesting most households have made the necessary investment, but it also means the cost of living calculation here includes car payments and fuel in ways that the median home price alone doesn't capture.
One figure that stands out as a potential long-term challenge: only 14.1% of adults hold a bachelor's degree, against a national average closer to 35%. Graduate degree attainment at 6.9% is similarly constrained. This isn't unusual for rural Arkansas, but as Lonoke County grows, attracting higher-wage employers — rather than remaining purely residential — will require investment in workforce development and potentially closer ties to the University of Arkansas at Little Rock, just across the county line.
The 15.8% child poverty rate, notably higher than the overall 11.1% figure, is another signal worth watching as school districts absorb rapid enrollment growth.
What makes Lonoke County unique? Lonoke County is one of Arkansas's defining suburban growth stories — a county where genuinely affordable new housing, low car ownership barriers, and proximity to Little Rock have created a population boom sustained across two decades. Its housing stock is newer than almost anywhere else in the state, and its price-to-income ratio remains one of the most favorable in the mid-South.
Is Lonoke County a good place to buy a home in 2024? By affordability metrics, yes — the 3.1x price-to-income ratio is well below national norms, appreciation is steady rather than speculative, and homeownership rates above 74% suggest strong community stability. The main tradeoffs are car dependency and longer commutes to Little Rock employment centers.
Why is Lonoke County growing so fast? The county benefits directly from Little Rock's expansion and the affordability ceiling of Pulaski County. New subdivisions around Cabot — one of Arkansas's fastest-growing cities — have drawn young families seeking newer homes, lower price points, and access to quality schools without the price premium of the capital city itself.
Cabot has 15,361 properties in our comprehensive database.
With an average price of $256,462, Cabot offers mid-range housing options.
With a price per square foot of just $126, this area offers excellent value for buyers.
Home prices in Cabot are 41% lower than the Lonoke County average.
| Metric | Cabot | Lonoke County | vs County |
|---|---|---|---|
| Average Price | $256,462 | $432,989 | -41% |
| Avg Sq Ft | 2,037 | 1,884 | +8% |
| Price/Sq Ft | $126 | $230 | -45% |
| Properties | 15,361 | 51,143 | -70% |
Other parcels within a few hundred meters of this one.
The average home price in Cabot, AR is $256,462, based on analysis of 15,361 properties in our database.
Our database includes 15,361 properties in Cabot, AR, providing comprehensive market coverage.
The average price per square foot in Cabot, AR is $126. This is calculated from an average home price of $256,462 and average size of 2,037 square feet.
Homes in Cabot, AR average 2,037 square feet, with an average price of $256,462.
Cabot, AR is one of many cities in Lonoke County, AR with property data available. Browse other cities in the county to compare market conditions and pricing.
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