Cleveland County, Arkansas Housing Market
In Cleveland County, Arkansas, the median home value is $137,600, with a median monthly rent of $536. This places Cleveland County at #2397 nationally out of 3134 counties by median home value, and #37 within Arkansas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $893
- Establishments: 101
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,659 (avg $60,835)
- Outflow: 2,507 (avg $62,153)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Cleveland County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 71603 | 186.2 | -1.75% | 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 Cleveland County Compares
| Metric | Cleveland County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $137,600 | $141,465 | $227,706 |
| Median Gross Rent | $536 | $774 | $968 |
| Owner Occupancy Rate | 82.6% | 71.1% | 73.3% |
| Price/Rent Ratio | 21.4 | 15.1 | 18.7 |
Market Analysis
The median home value in Cleveland County is 2.7% below the Arkansas state average and 39.6% below the U.S. national average. The median rent of $536/month is 30.7% below the state average.
With a price-to-rent ratio of 21.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Cleveland County has an owner-occupancy rate of 82.6%, 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 |
|---|---|---|---|
| Knox County | Indiana | $137,700 | $796 |
| Schuyler County | Missouri | $137,500 | $382 |
| Socorro County | New Mexico | $137,500 | $691 |
| Iroquois County | Illinois | $137,800 | $799 |
| Duplin County | North Carolina | $137,400 | $865 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Arkansas County | $138,100 | $843 | 64.6% |
| Polk County | $138,400 | $711 | 78.9% |
| Van Buren County | $135,700 | $722 | 77.9% |
| Logan County | $139,900 | $745 | 78.4% |
| Johnson County | $135,300 | $728 | 74.1% |
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).