Arkansas Real Estate

Arkansas’s diverse agricultural landscape, from the fertile Delta region to the rolling Ozark Mountains, presents unique opportunities for farmland investors and recreational land buyers alike. Hageman Realty’s deep presence in the state provides valuable local insights and access to exceptional properties. 

Local expertise and Real Estate Approach

Your Real-Estate Future in Arkansas

Arkansas is an ideal market for expanding your land portfolio, with a strong agricultural history, abundant water resources, and affordable land ready to be optimized for strong financial returns. An abundance of beautiful and unique recreational opportunities make Arkansas particularly special for outdoor enthusiasts. We understand the nuances of Arkansas landowning, including crop production, livestock operations, and hunting and fishing uses. Let our team guide you toward a successful and fulfilling land investment in Arkansas. 

land your opportunity with HR today

Find Your Next Adventure 

Seeking fertile ground for your farming future? Or are you looking for your next hunting and fishing getaway? Browse our selection of recreational and agricultural land, featuring properties with diverse agricultural and investment potential. Let us help you find the perfect fit for your land purchasing goals.

Your Access to Hidden Gems in Arkansas

Discover the possibilities of Arkansas land ownership by tapping into our local and regional networks in the Natural State. With recreational and investment properties of our own in Arkansas, we have the insider knowledge to be your local expert, with an invaluable understanding of the local government resources, farming culture, and recreational practices. 

We understand the unique characteristics of Arkansas land, from the fertile Delta to the recreational opportunities of the Ozarks. You’ll be able to buy land in Arkansas with the assurance that you’ve paid the best possible price and are making the right investment for your future. We’ll help you find the perfect property, whether you’re seeking farmland, a rural retreat, or a business investment.

HR simplifies your land buying journey

We Have Your Arkansas Land Sale Covered

Life changes, new priorities, or simply a desire for a change–whatever your reason for selling, Hageman Realty is here to ensure a smooth and successful transition. We’ll handle the details, maximize your land’s value, and connect you with the right buyers using our deep network of connections in Arkansas. We’re here to answer your questions about market trends and handle all the details of the selling process, ensuring you are set up for success. 

Focus on your future, and let us take care of the rest.

we make selling your land simple

Your Arkansas Landowning Journey Starts Today

You know your land investment goals, and we know Arkansas–together we are an unstoppable team. Contact Hageman Realty today, and let our team help you navigate the market and find the perfect property to match your vision. 

We’ll help you understand market property values, make sure you are getting the best possible deal, and navigate the real estate and closing details. Start your Arkansas land investment journey with confidence–contact us today.

Contact Us

Arkansas: A Landowner's Guide to the Natural State

Arkansas, the “Natural State,” offers a compelling blend of agricultural richness and scenic beauty. With its diverse terrain, fertile farmland, and strong agricultural traditions, Arkansas presents a unique opportunity for landowners and those seeking to invest in this often-overlooked state.

This guide explores Arkansas’ history, population, major cities, farmland, and recreational activities, providing valuable insights for those connected to the land.

Frequently Asked Questions

What is the average price of farmland in Arkansas?

Arkansas farmland averaged $4,172 per acre statewide in 2025 (University of Arkansas Division of Agriculture). The state's bifurcated geography creates two distinct land markets: the Arkansas Delta (Desha, Chicot, Phillips, Poinsett, and Mississippi counties) produces roughly 45 percent of all US rice and commands the state's highest cropland prices, with irrigated rice ground trading $6,000 to $7,500 per acre. The Ozark Highlands in north Arkansas (Carroll, Newton, Searcy, Stone, and Baxter counties) feature thin, rocky soils unsuited for row crops — values there are driven by recreation, timber, and retirement demand at $4,000 to $4,800 per acre for hunting tracts. North Arkansas timberland averaged about $4,800 per acre in 2025.

What is Arkansas's 50 percent capital gains exclusion?

Arkansas excludes 50 percent of net long-term capital gains (assets held more than one year) from state taxable income. Any net capital gain in excess of $10 million in a tax year is fully exempt from Arkansas income tax. With Arkansas's top individual income tax rate cut to 3.7 percent retroactive to January 1, 2026 (HB 1001 / SB 1 signed May 2026), the effective state rate on long-term farmland gains is roughly 1.85 percent on the first $10 million and 0 percent above that. The exclusion is administered via Form AR1000D. Neighboring Missouri and Mississippi do not provide a comparable exclusion at this scale, making Arkansas one of the most tax-favorable Hageman states for large farmland sales.

How does Arkansas Amendment 59 productivity-based assessment work?

Amendment 59 to the Arkansas Constitution requires that all agricultural land — cropland, pastureland, timberland — be valued on use and productivity, not market value. The Arkansas Assessment Coordination Division publishes annual valuation tables. The income-cost formula divides net income by a capitalization rate constrained between 8 and 12 percent to determine land value. Arkansas applies a statutory 20 percent assessment ratio to that use value before millage is applied, producing farmland property tax bills far below market-value states. Arkansas has no state estate or inheritance tax.

How does the Uniform Partition of Heirs Property Act work in Arkansas?

Arkansas adopted UPHPA via Act 2015, No. 107 (Ark. Code §§ 18-60-1001 through 18-60-1014), effective January 1, 2016 for partition actions filed after that date. Arkansas was the fifth state to adopt UPHPA. The act provides cotenants of heirs property with notice, court-ordered appraisal at fair market value, a 45-day right of first refusal at appraised value, and a court preference for partition-in-kind over forced sale. If a sale is ordered, UPHPA requires open-market sale through a court-appointed real-estate broker rather than a sheriff's auction. This is particularly important in Arkansas Delta counties where roughly 60 percent of Black-owned land is heirs property held without a will or deed transfer.

Should I sell Arkansas Delta rice ground or hold it?

Delta rice profitability is under pressure heading into 2026 — rice prices have dropped while input costs (fuel, fertilizer, irrigation, equipment) climbed. Most rice budgets are showing significant losses per acre, with bankers warning farmers are walking a tightrope. Despite the operating pressure, Delta cropland values remain firm at $6,000 to $7,500 per acre for irrigated rice ground in Desha, Chicot, and Phillips counties. The Mississippi River Valley Alluvial Aquifer (the primary Delta irrigation source) is 70 to 90 percent depleted in Critical Groundwater Areas and may not support current production within 20 years. For owners considering exit, current pricing remains transactable; for owners considering hold, irrigation infrastructure (reservoirs, tailwater recovery, well depth) is increasingly the differentiator on per-acre price.

What counties does Hageman Realty serve in Arkansas?

Hageman holds an Arkansas brokerage license and serves landowners in every county in Arkansas.

What makes Arkansas farmland unique?

Arkansas's split between Delta rice country and Ozark recreational and timber economy creates two distinct land markets in one state. Arkansas produces 45.2 percent of total US rice and 45.7 percent of total acres planted in 2025, with 1,250,000 acres harvested at a record state average of 166.2 bushels per acre. Rice ranks as a top-three crop commodity in Arkansas cash receipts. Arkansas is also one of 38 states with no estate or inheritance tax. The combination of low statewide average per-acre price ($4,172), generous capital gains exclusion (50 percent of long-term gains plus full exemption above $10 million annually), and constitutional use-value assessment makes Arkansas one of the lowest-cost-of-ownership Hageman states.

How does the Ozarks region differ from the Delta for farmland buyers?

The Delta and the Ozarks are economically and ecologically separate land markets. Delta soils (Sharkey, Dundee, Crowley silt loam series) support rice, soybeans, corn, and cotton and command the highest cropland prices on flat topography with alluvial fertility and aquifer access. Ozark Highlands recreational tracts average $4,000 to $4,800 per acre — driven by Buffalo National River, Ozark National Forest, hunting demand, and retirement migration. Searcy County alone has nearly 2,000 acres of hunting land listed with a combined market value around $7 million. Baxter County is a textbook retirement-destination county with a median age of 51.9 and an annual population growth around 0.9 percent. Buyers should match property type to investment thesis.

What is the AGFC Conservation Incentive Program and how does it affect hunting land values?

The Arkansas Game and Fish Commission's Conservation Incentive Program (CIP) reimburses landowners up to $10,000 for habitat practices including water quality protection, feral hog control, prescribed fire, and bottomland hardwood management. A second program round of $650,000 was announced. AGFC's Wildlife Management Area system covers 3,195,875 acres statewide, but roughly 90 percent of Arkansas land is privately owned — making private-land habitat investment the primary lever for recreational land value enhancement. Enrollment in CIP and documented habitat work directly raises hunting-land marketability in Ozark counties.

A note on these answers: This information is general and not tax or legal advice. UPHPA, Amendment 59, capital gains exclusions, and state-specific tax rules are fact-specific — consult a CPA, tax attorney, or licensed broker before acting on any specific question above.