Carroll County, Arkansas Housing Market
In Carroll County, Arkansas, the median home value is $210,400, with a median monthly rent of $856. This places Carroll County at #1298 nationally out of 3134 counties by median home value, and #7 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: $812
- Establishments: 780
- BLS QCEW, 2025
Housing Supply
- Single-family: 20
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,255 (avg $56,740)
- Outflow: 10,216 (avg $55,253)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Carroll County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 72616 | 218.7 | -9.29% | 2025 |
| 2 | 72632 | 289.6 | +2.51% | 2025 |
| 3 | 72631 | 233.4 | +0.74% | 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 Carroll County Compares
| Metric | Carroll County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $210,400 | $141,465 | $227,706 |
| Median Gross Rent | $856 | $774 | $968 |
| Owner Occupancy Rate | 77.5% | 71.1% | 73.3% |
| Price/Rent Ratio | 20.5 | 15.1 | 18.7 |
Market Analysis
The median home value in Carroll County is 48.7% above the Arkansas state average and 7.6% below the U.S. national average. The median rent of $856/month is 10.6% above the state average.
With a price-to-rent ratio of 20.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Carroll County has an owner-occupancy rate of 77.5%, compared to 71.1% in Arkansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Craighead County | Arkansas | $210,400 | $958 |
| Elkhart County | Indiana | $210,400 | $1,047 |
| Marquette County | Wisconsin | $210,400 | $800 |
| Mercer County | Ohio | $210,600 | $804 |
| Lincoln Parish | Louisiana | $210,100 | $825 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Craighead County | $210,400 | $958 | 60.1% |
| Pulaski County | $214,700 | $1,080 | 57.0% |
| Saline County | $221,200 | $1,033 | 78.2% |
| Garland County | $194,300 | $966 | 69.4% |
| Lonoke County | $193,600 | $1,025 | 75.0% |
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).