Faulkner County

Arkansas · Little Rock-North Little Rock-Conway, AR metro area · 133,979 residents (2025 est.)

FHFA annual index 1977–2025Developmental county indexPermits through August 2026

Faulkner County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

FHFA's index for Faulkner County, Arkansas, starts in 1977 and stood at 482 in 2025, +381.6% above its base of 100.

Over the ten years to 2025 the index rose +71.9% (+5.6% a year), below Arkansas at +78.6% and below the national +85.0%. The Little Rock-North Little Rock-Conway, AR area rose +60.1%. The latest one-year change is +3.5%.

The strongest decade was the 1990s (+36.4%); the weakest the 2010s (+19.8%).

Builders were authorised for 442 housing units in the county in the 12 months to August 2026 (−51.3% on the previous 12 months), 3.3 units per 1,000 residents; 57% were single-family houses. Since 1995 the county has authorised 22,109 units, most in 2005.

+3.5%1 year, 2024–2025Arkansas +3.4%

+49.1%5 yearsUS +47.0%

+71.9%10 years+5.6% a year annualised

+136.5%since 2000US +158.3%

442units permitted, 12 months3.3 per 1,000 residents

Same span, four levels

Change in the FHFA index	Faulkner County	Little Rock-North Little Rock-Conway area	Arkansas	United States
1 year (2024–2025)	+3.5%	+1.9%	+3.4%	+2.8%
5 years (2020–2025)	+49.1%	+42.3%	+52.0%	+47.0%
10 years (2015–2025)	+71.9%	+60.1%	+78.6%	+85.0%
20 years (2005–2025)	+98.9%	+74.3%	+89.5%	+79.1%
Since 2000	+136.5%	+114.1%	+136.6%	+158.3%
Since 1977	+381.6%	+424.1%	+439.6%	+745.0%
10-year annualised	+5.6%	+4.8%	+6.0%	+6.3%
20-year annualised	+3.5%	+2.8%	+3.2%	+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

Decade	Change	United States
1990s (1990–2000)	+36.4%	+33.9%
2000s (2000–2010)	+32.5%	+29.7%
2010s (2010–2020)	+19.8%	+35.5%
2020s so far (2020–2025)	+49.1%	+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1977 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1977 are not shown.

Peak-to-low declines

Peak	Low	Decline	Peak regained
1984	1985	−7.7%	1990

Building permits

Housing units authorised by building permits in Faulkner County, by month over the latest five years and by year since 1995.

Housing units authorised in Faulkner County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Faulkner County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Faulkner County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026	Faulkner County	Arkansas	United States
Housing units authorised	442	14,741	1,418,086
Units per 1,000 residents	3.3	4.7	4.1
Single-family share	57%	65%	63%
Change on previous 12 months	−51.3%	−4.3%	−0.1%
Units authorised since 1995	22,109	348,953	43,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Faulkner County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP	1 year	10 years	Since 2000	Index through	Years
72058	+8.8%	+74.8%	+143.7%	2025	34
72032	+1.9%	+73.3%	+139.9%	2025	35
72034	+3.6%	+71.1%	+130.5%	2025	45
72173	+7.1%	+69.3%	+134.6%	2025	30
72106	−11.3%	+39.4%	+116.0%	2025	28
72047	+4.4%	—	—	2022	17

Cities and permit-issuing places in Faulkner County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

Place	Units, 12 months	Per 1,000 residents	Single-family
Conway	301	4.2	37%
Mayflower	42	17.7	100%
Greenbrier	39	5.9	100%
Vilonia	39	8.0	100%
Wooster town	10	8.7	100%

Questions and answers

How much have home values in Faulkner County risen over 10 years?

The FHFA index for Faulkner County rose +71.9% from 2015 to 2025, about +5.6% a year. Over 20 years: +98.9%; since 2000: +136.5%.

How does Faulkner County compare with Arkansas and the United States?

Over the ten years to 2025: Faulkner County +71.9%, Arkansas +78.6%, United States +85.0%, Little Rock-North Little Rock-Conway, AR +60.1%.

What happened to Faulkner County prices in 2008?

The county index shows no decline of 5% or more from a 2005–2008 peak. The Arkansas index fell −7.0% over 2007–2012.

How many homes are being built in Faulkner County?

442 housing units were authorised by building permits in the 12 months to August 2026 (252 single-family, 114 in buildings of five or more units), or 3.3 per 1,000 residents against 4.7 for Arkansas.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1977–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.