Chicot County, Arkansas Housing Market
In Chicot County, Arkansas, the median home value is $89,100, with a median monthly rent of $574. This places Chicot County at #3023 nationally out of 3134 counties by median home value, and #70 within Arkansas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2022
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $866
- Establishments: 332
- BLS QCEW, 2025
Migration Patterns
- Inflow: 3,210 (avg $55,734)
- Outflow: 3,056 (avg $56,385)
- IRS Statistics of Income
🔗 Explore Chicot County on Our Sister Sites
Get the complete picture for Chicot County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Chicot County Compares
| Metric | Chicot County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $89,100 | $141,465 | $227,706 |
| Median Gross Rent | $574 | $774 | $968 |
| Owner Occupancy Rate | 69.2% | 71.1% | 73.3% |
| Price/Rent Ratio | 12.9 | 15.1 | 18.7 |
Market Analysis
The median home value in Chicot County is 37.0% below the Arkansas state average and 60.9% below the U.S. national average. The median rent of $574/month is 25.8% below the state average.
With a price-to-rent ratio of 12.9, buying a home in Chicot County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Chicot County has an owner-occupancy rate of 69.2%, 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 |
|---|---|---|---|
| Franklin County | Illinois | $89,000 | $803 |
| Rooks County | Kansas | $89,000 | $676 |
| Bell County | Kentucky | $89,000 | $592 |
| Magoffin County | Kentucky | $89,000 | $730 |
| Cameron County | Pennsylvania | $88,900 | $689 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Monroe County | $88,700 | $614 | 62.6% |
| Desha County | $90,900 | $718 | 56.8% |
| St. Francis County | $90,900 | $779 | 55.5% |
| Ashley County | $91,900 | $703 | 70.8% |
| Clay County | $94,600 | $707 | 74.7% |
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).