Johnson County, Arkansas Housing Market

In Johnson County, Arkansas, the median home value is $135,300, with a median monthly rent of $728. This places Johnson County at #2429 nationally out of 3134 counties by median home value, and #39 within Arkansas.

Median Home Value $135,300
Median Rent $728/mo
Owner Occupancy 74.1%
Price/Rent Ratio 15.5

📈 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 Johnson County rose +0.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,669
jobs (private sector)
  • Avg weekly wage: $834
  • Establishments: 486
  • BLS QCEW, 2025
🏗️

Housing Supply

13
new units authorized (2025)
  • Single-family: 13
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+566
net migration (filers, 2021-2022)
  • Inflow: 8,961 (avg $51,218)
  • Outflow: 8,395 (avg $51,434)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 72830 238.3 +1.78% 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 Johnson County Compares

MetricJohnson CountyArkansas AverageU.S. Average
Median Home Value $135,300 $141,465 $227,706
Median Gross Rent $728 $774 $968
Owner Occupancy Rate 74.1% 71.1% 73.3%
Price/Rent Ratio 15.5 15.1 18.7

Market Analysis

The median home value in Johnson County is 4.4% below the Arkansas state average and 40.6% below the U.S. national average. The median rent of $728/month is 5.9% below the state average.

With a price-to-rent ratio of 15.5, the buy-vs-rent decision in Johnson County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Johnson County has an owner-occupancy rate of 74.1%, 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

CountyStateMedian Home ValueMedian Rent
Faribault County Minnesota $135,300 $799
Doniphan County Kansas $135,200 $776
Aleutians East Borough Alaska $135,500 $979
Randolph County Illinois $135,100 $780
Sumner County Kansas $135,100 $825

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Van Buren County $135,700 $722 77.9%
Cleveland County $137,600 $536 82.6%
Arkansas County $138,100 $843 64.6%
Polk County $138,400 $711 78.9%
Franklin County $130,800 $719 78.0%

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).