Lawrence County, Arkansas Housing Market

In Lawrence County, Arkansas, the median home value is $98,900, with a median monthly rent of $697. This places Lawrence County at #2930 nationally out of 3134 counties by median home value, and #61 within Arkansas.

Median Home Value $98,900
Median Rent $697/mo
Owner Occupancy 66.6%
Price/Rent Ratio 11.8

📈 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 Lawrence County fell -4.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

2,996
jobs (private sector)
  • Avg weekly wage: $857
  • Establishments: 384
  • BLS QCEW, 2025
🏗️

Housing Supply

16
new units authorized (2025)
  • Single-family: 11
  • Multi-family: 5
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+371
net migration (filers, 2021-2022)
  • Inflow: 5,490 (avg $52,296)
  • Outflow: 5,119 (avg $52,916)
  • IRS Statistics of Income

How Lawrence County Compares

MetricLawrence CountyArkansas AverageU.S. Average
Median Home Value $98,900 $141,465 $227,706
Median Gross Rent $697 $774 $968
Owner Occupancy Rate 66.6% 71.1% 73.3%
Price/Rent Ratio 11.8 15.1 18.7

Market Analysis

The median home value in Lawrence County is 30.1% below the Arkansas state average and 56.6% below the U.S. national average. The median rent of $697/month is 9.9% below the state average.

With a price-to-rent ratio of 11.8, buying a home in Lawrence 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.

Lawrence County has an owner-occupancy rate of 66.6%, 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
Lee County Virginia $98,900 $738
Wilcox County Alabama $98,800 $745
Refugio County Texas $99,000 $795
Zavala County Texas $98,800 $548
Lawrence County Illinois $99,100 $836

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Jackson County $98,300 $668 65.5%
Dallas County $97,300 $627 72.6%
Prairie County $96,400 $625 75.8%
Ouachita County $102,100 $764 70.9%
Poinsett County $103,000 $619 64.4%

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).