Cross County, Arkansas Housing Market

In Cross County, Arkansas, the median home value is $117,500, with a median monthly rent of $764. This places Cross County at #2682 nationally out of 3134 counties by median home value, and #48 within Arkansas.

Median Home Value $117,500
Median Rent $764/mo
Owner Occupancy 67.5%
Price/Rent Ratio 12.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cross County fell -6.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,619
jobs (private sector)
  • Avg weekly wage: $818
  • Establishments: 420
  • BLS QCEW, 2025
🏗️

Housing Supply

28
new units authorized (2025)
  • Single-family: 28
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+239
net migration (filers, 2021-2022)
  • Inflow: 5,861 (avg $53,661)
  • Outflow: 5,622 (avg $54,084)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Cross County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 72396 178.0 -11.01% 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.

How Cross County Compares

MetricCross CountyArkansas AverageU.S. Average
Median Home Value $117,500 $141,465 $227,706
Median Gross Rent $764 $774 $968
Owner Occupancy Rate 67.5% 71.1% 73.3%
Price/Rent Ratio 12.8 15.1 18.7

Market Analysis

The median home value in Cross County is 16.9% below the Arkansas state average and 48.4% below the U.S. national average. The median rent of $764/month is 1.3% below the state average.

With a price-to-rent ratio of 12.8, buying a home in Cross 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.

Cross County has an owner-occupancy rate of 67.5%, 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

CountyStateMedian Home ValueMedian Rent
Jay County Indiana $117,500 $770
Carroll County Missouri $117,500 $822
Rock County Nebraska $117,500 $644
Sevier County Arkansas $117,600 $751
Webster County Nebraska $117,600 $647

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Sevier County $117,600 $751 67.6%
Scott County $115,000 $722 78.1%
Union County $120,900 $847 72.7%
Fulton County $113,800 $626 84.7%
Little River County $113,500 $697 80.1%

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).