Building Costs Per Square Foot in the State of Arkansas – Single Family Homes

Arkansas 1091 Morra Avenue Springdale AR72762 - 4 Beds and 3 Baths with 3 Attached Garages on Gross Floor Area 2460 sqft - Price $490000 Built in 2022_result

Newly Built House in Arkansas 1091 Morra Avenue Springdale AR72762 – 4 Beds and 3 Baths with 3 Attached Garages on Gross Floor Area 2460 sqft – Price $490000 Built in 2022_result

As of 2024, building costs in the state of Arkansas are -7% below the national average. The charts below show a comparison of costs between luxury, semi-luxury, best, good, average and minimum standard single-family houses. Costs are also given for manufactured housing in five quality classes.

2024 Building Costs Per Square Foot for Single Family Homes in the State of Arkansas, USA

  • Class 1 – Luxury Homes – $354.11 to $565.51 per sqft
  • Class 2 – Semi Luxury Homes – $215.22 to $343.68 per sqft
  • Class 3 – Best Standard Homes – $139.28 to $220.14 per sqft
  • Class 4 – Good Standard Homes – $101.52 to $162.20 per sqft
  • Class 5 – Average Standard Homes – $82.43 to $131.49 per sqft
  • Class 6 – Minimum Standard  Homes – $65.02 to $103.80 per sqft
Arkansas Single Family Houses 2024 Building Costs

Arkansas Single Family Houses 2024 Building Costs

2024 Building Costs Per Square Foot for Manufactured Housing in the State of Arkansas, USA

Manufactured housing is composed of one or more prefabricated modular units which are delivered to the site and assembled on a RC foundation or slab.

  • Best Quality Housing – $129.74 to $149.63 per sqft
  • Good Quality Housing – $108.87 to $132.01 per sqft
  • Average Quality Housing – $87.61 to $114.97 per sqft
  • Low Average Quality Housing – $73.95 to $100.17 per sqft
  • Lowest Quality Housing – $63.33 to $88.61 per sqft
Arkansas Manufactured Housing 2024 Building Costs

Arkansas Manufactured Housing 2024 Building Costs

 

2022 Residential Construction Market Analysis in the State of Arkansas, USA

Building costs in Arkansas are 7% below the national average, and closer to the Mississippi, South Dakota, Nebraska and New Mexico state average by a deviation of 1%. Arkansas is the cheapest state to live in the entire United States, according to recent research on the costs of living across the country. If it is compared with the rest of the states, it has up to 17% lower prices in general, either in the purchase of goods or payment of services. Its costs of basic goods and services are quite affordable, which is making it a pole that attracts many people from all over the country and the world.

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