Conway, AR — Momentum Score, Home Values & Best-For

All states·Arkansas·Conway

Faulkner County · Little Rock-North Little Rock-Conway · population 70,711

First-time buyersGrowing fastRenter-friendly
Conway, AR
Image: Wikipedia · Conway, Arkansas
OverviewCost of livingMoving guide
View watchlist →
68
Rising
Momentum score · 0–100

Where Conway stands

At or near all-time high. population growing 2.5% per year.

Median home $246,465
1-year +1.7%
5-yr CAGR +5.0%
vs 5-yr peak -0.1%
Population +2.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-02$246k$142k$180k$218k$256k201620182020202220242026

Lifestyle scores

🚶
Walkability
30/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
88/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,361/mo$1,035$1,244$1,454202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent128124100120202220242026

Rent vs buy

Price-to-rent ratio: 15.1
Lean buy

At a 15.1 price-to-rent ratio, Conway is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
58 · w22%
Home 5-yr CAGR
65 · w22%
Distance from peak
90 · w18%
Population growth
85 · w16%
Rent YoY
42 · w12%
Home 10-yr CAGR
60 · w10%
Long thesis

Conway has been growing population at 2.5% per year while home values compounded +5.0% annually. Demand-driven appreciation — the kind that persists as long as people keep showing up, which they currently are.

Short thesis

Conway's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Conway

Conway is a city in Faulkner County, Arkansas, with an estimated population of 70,711. It anchors the Little Rock-North Little Rock-Conway metro area. The population has grown 2.5% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Conway is $246,465 as of 2026-04, up 1.7% over the last 12 months. Over the last five years, home values have averaged +5.0% annual growth, with prices at or near the 5-year peak. Rents in Conway average $1,361 per month, roughly flat year-over-year (-0.5%). The composite momentum score is 68 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●People are voting with their feet: population growing 2.5% per year since 2020 — that’s faster than ~80% of US cities.
●Healthy 5-year run: +5.0% annualized over 5 years, outpacing US inflation.
●Held the highs: currently -0.1% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Conway (Wikipedia)

Conway is a city in Faulkner County, Arkansas, United States, and its county seat. It had a population of 64,134 at the 2020 census, making Conway the eighth-most populous city in Arkansas. It is located within Central Arkansas and serves as a regional hub for Faulkner County and surrounding areas. Conway is home to three post-secondary educational institutions, earning it the nickname "The City of Colleges".

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorBart Castleberry (I)
Area46.51 sq mi
Founded1872
NicknameCity of Colleges
Density1386.38/sq mi

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Faulkner County right now.

NWS active alerts (AR)Arkansas Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Faulkner County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Conway

Benton, AR69 · RisingBryant, AR72 · RisingParagould, AR66 · RisingRussellville, AR69 · Rising

Run the numbers for Conway

ToolCan I afford Conway?Income → city shortlistToolROI on a Conway rentalCap rate, cash-on-cash, DSCRToolCompare Conway to anywhereSide-by-side up to 3 citiesToolConway cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
49° / 30°
avg high / low
Summer (Jul)
92° / 70°
avg high / low
Sunny days/yr
217
~59% of year
Annual precip
50″ rain
5″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very high
Wildfire
Low
Earthquake
Moderate
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Conway listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Little Rock-North Little Rock-Conway area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
70%
Humid climate
Median household income
$55,400
Arkansas state median
Top industries (state-level)
Retail (Walmart HQ)ManufacturingHealthcare

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Conway

Explore other places with comparable momentum or affordability.

See all Arkansas cities →    Browse best-of lists →