Howard County, Arkansas Housing Market

In Howard County, Arkansas, the median home value is $153,900, with a median monthly rent of $690. This places Howard County at #2163 nationally out of 3134 counties by median home value, and #26 within Arkansas.

Median Home Value $153,900
Median Rent $690/mo
Owner Occupancy 72.5%
Price/Rent Ratio 18.6

📈 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 Howard County rose +12.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,934
jobs (private sector)
  • Avg weekly wage: $913
  • Establishments: 302
  • BLS QCEW, 2025
🚚

Migration Patterns

+216
net migration (filers, 2021-2022)
  • Inflow: 4,683 (avg $53,224)
  • Outflow: 4,467 (avg $54,261)
  • IRS Statistics of Income

📝 Editor's Insight

None

Analyzed on 2026-10-12 using U.S. Census ACS 2024 data and AI reasoning.

How Howard County Compares

MetricHoward CountyArkansas AverageU.S. Average
Median Home Value $153,900 $141,465 $227,706
Median Gross Rent $690 $774 $968
Owner Occupancy Rate 72.5% 71.1% 73.3%
Price/Rent Ratio 18.6 15.1 18.7

Market Analysis

The median home value in Howard County is 8.8% above the Arkansas state average and 32.4% below the U.S. national average. The median rent of $690/month is 10.9% below the state average.

With a price-to-rent ratio of 18.6, the buy-vs-rent decision in Howard County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Howard County has an owner-occupancy rate of 72.5%, 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
Miller County Arkansas $153,900 $892
Alpena County Michigan $153,900 $673
Greene County Pennsylvania $153,900 $789
Webster County Iowa $153,800 $785
Yazoo County Mississippi $153,800 $790

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Miller County $153,900 $892 64.4%
Conway County $154,100 $755 74.1%
Clark County $155,000 $793 65.0%
Columbia County $152,100 $649 70.7%
Montgomery County $151,900 $636 80.6%

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).