Clay County, Arkansas Housing Market
In Clay County, Arkansas, the median home value is $94,600, with a median monthly rent of $707. This places Clay County at #2984 nationally out of 3134 counties by median home value, and #66 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: $821
- Establishments: 316
- BLS QCEW, 2025
Housing Supply
- Single-family: 9
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,018 (avg $50,155)
- Outflow: 4,778 (avg $50,608)
- IRS Statistics of Income
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| Metric | Clay County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $94,600 | $141,465 | $227,706 |
| Median Gross Rent | $707 | $774 | $968 |
| Owner Occupancy Rate | 74.7% | 71.1% | 73.3% |
| Price/Rent Ratio | 11.2 | 15.1 | 18.7 |
Market Analysis
The median home value in Clay County is 33.1% below the Arkansas state average and 58.5% below the U.S. national average. The median rent of $707/month is 8.7% below the state average.
With a price-to-rent ratio of 11.2, buying a home in Clay 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.
Clay County has an owner-occupancy rate of 74.7%, 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 |
|---|---|---|---|
| Dallas County | Alabama | $94,600 | $733 |
| Labette County | Kansas | $94,600 | $746 |
| Emanuel County | Georgia | $94,700 | $783 |
| Robeson County | North Carolina | $94,500 | $805 |
| Bradley County | Arkansas | $94,800 | $689 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bradley County | $94,800 | $689 | 66.0% |
| Prairie County | $96,400 | $625 | 75.8% |
| Dallas County | $97,300 | $627 | 72.6% |
| Ashley County | $91,900 | $703 | 70.8% |
| Desha County | $90,900 | $718 | 56.8% |
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).