Greene County, Arkansas Housing Market

In Greene County, Arkansas, the median home value is $169,300, with a median monthly rent of $904. This places Greene County at #1814 nationally out of 3134 counties by median home value, and #18 within Arkansas.

Median Home Value $169,300
Median Rent $904/mo
Owner Occupancy 66.2%
Price/Rent Ratio 15.6

📈 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 Greene County rose +1.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

13,253
jobs (private sector)
  • Avg weekly wage: $944
  • Establishments: 918
  • BLS QCEW, 2025
🏗️

Housing Supply

156
new units authorized (2025)
  • Single-family: 122
  • Multi-family: 34
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+826
net migration (filers, 2021-2022)
  • Inflow: 15,848 (avg $61,413)
  • Outflow: 15,022 (avg $62,541)
  • IRS Statistics of Income

How Greene County Compares

MetricGreene CountyArkansas AverageU.S. Average
Median Home Value $169,300 $141,465 $227,706
Median Gross Rent $904 $774 $968
Owner Occupancy Rate 66.2% 71.1% 73.3%
Price/Rent Ratio 15.6 15.1 18.7

Market Analysis

The median home value in Greene County is 19.7% above the Arkansas state average and 25.6% below the U.S. national average. The median rent of $904/month is 16.8% above the state average.

With a price-to-rent ratio of 15.6, the buy-vs-rent decision in Greene County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Greene County has an owner-occupancy rate of 66.2%, 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

CountyStateMedian Home ValueMedian Rent
Newton County Arkansas $169,300 $617
Cottonwood County Minnesota $169,300 $817
St. Francois County Missouri $169,300 $794
Cherokee County Texas $169,300 $933
DeKalb County Missouri $169,200 $817

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Newton County $169,300 $617 76.5%
Pope County $170,100 $859 70.4%
Stone County $171,600 $626 75.9%
Baxter County $174,600 $846 75.2%
White County $163,600 $850 69.1%

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).