Drew County, Arkansas Housing Market
In Drew County, Arkansas, the median home value is $140,800, with a median monthly rent of $725. This places Drew County at #2363 nationally out of 3134 counties by median home value, and #33 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: $848
- Establishments: 486
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,952 (avg $63,199)
- Outflow: 5,690 (avg $64,383)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Drew County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 71655 | 219.0 | +7.99% | 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 Drew County Compares
| Metric | Drew County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $140,800 | $141,465 | $227,706 |
| Median Gross Rent | $725 | $774 | $968 |
| Owner Occupancy Rate | 63.7% | 71.1% | 73.3% |
| Price/Rent Ratio | 16.2 | 15.1 | 18.7 |
Market Analysis
The median home value in Drew County is about equal to the Arkansas state average and 38.2% below the U.S. national average. The median rent of $725/month is 6.3% below the state average.
With a price-to-rent ratio of 16.2, the buy-vs-rent decision in Drew County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Drew County has an owner-occupancy rate of 63.7%, 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 |
|---|---|---|---|
| Orleans County | New York | $140,800 | $874 |
| Paulding County | Ohio | $140,800 | $812 |
| Carroll County | Kentucky | $140,900 | $910 |
| Hidalgo County | Texas | $140,900 | $957 |
| Powell County | Kentucky | $141,100 | $747 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Logan County | $139,900 | $745 | 78.4% |
| Independence County | $142,600 | $845 | 69.2% |
| Polk County | $138,400 | $711 | 78.9% |
| Arkansas County | $138,100 | $843 | 64.6% |
| Yell County | $143,600 | $735 | 67.5% |
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).