Benton County, Arkansas Housing Market
In Benton County, Arkansas, the median home value is $323,500, with a median monthly rent of $1,277. This places Benton County at #516 nationally out of 3134 counties by median home value, and #1 within Arkansas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,804
- Establishments: 9,002
- BLS QCEW, 2025
Housing Supply
- Single-family: 4,023
- Multi-family: 2,284
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 116,803 (avg $169,436)
- Outflow: 107,853 (avg $176,246)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Benton County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 72732 | 323.9 | +8.33% | 2025 |
| 2 | 72712 | 354.2 | -1.40% | 2025 |
| 3 | 72734 | 305.1 | +5.13% | 2025 |
| 4 | 72758 | 306.9 | +6.53% | 2025 |
| 5 | 72764 | 293.6 | +4.68% | 2025 |
| 6 | 72756 | 315.4 | +3.66% | 2025 |
| 7 | 72751 | 325.4 | -1.00% | 2025 |
| 8 | 72704 | 310.3 | +2.37% | 2025 |
| 9 | 72761 | 276.4 | +3.94% | 2025 |
| 10 | 72715 | 301.9 | +5.12% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Benton County Compares
| Metric | Benton County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $323,500 | $141,465 | $227,706 |
| Median Gross Rent | $1,277 | $774 | $968 |
| Owner Occupancy Rate | 67.0% | 71.1% | 73.3% |
| Price/Rent Ratio | 21.1 | 15.1 | 18.7 |
Market Analysis
The median home value in Benton County is 128.7% above the Arkansas state average and 42.1% above the U.S. national average. The median rent of $1,277/month is 65.0% above the state average.
With a price-to-rent ratio of 21.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Benton County has an owner-occupancy rate of 67.0%, compared to 71.1% in Arkansas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Centre County | Pennsylvania | $323,500 | $1,207 |
| Ottawa County | Michigan | $323,400 | $1,211 |
| Southeastern Connecticut Planning Region | Connecticut | $323,400 | $1,365 |
| Capitol Planning Region | Connecticut | $323,700 | $1,411 |
| Kenai Peninsula Borough | Alaska | $323,200 | $1,184 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Washington County | $298,400 | $1,071 | 55.6% |
| Faulkner County | $232,700 | $1,005 | 62.3% |
| Saline County | $221,200 | $1,033 | 78.2% |
| Pulaski County | $214,700 | $1,080 | 57.0% |
| Craighead County | $210,400 | $958 | 60.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).