Lee County, Arkansas Housing Market
In Lee County, Arkansas, the median home value is $75,300, with a median monthly rent of $667. This places Lee County at #3105 nationally out of 3134 counties by median home value, and #75 within Arkansas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $876
- Establishments: 182
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,303 (avg $48,644)
- Outflow: 2,198 (avg $49,359)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Lee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 72335 | 132.4 | -18.21% | 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 Lee County Compares
| Metric | Lee County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $75,300 | $141,465 | $227,706 |
| Median Gross Rent | $667 | $774 | $968 |
| Owner Occupancy Rate | 59.0% | 71.1% | 73.3% |
| Price/Rent Ratio | 9.4 | 15.1 | 18.7 |
Market Analysis
The median home value in Lee County is 46.8% below the Arkansas state average and 66.9% below the U.S. national average. The median rent of $667/month is 13.8% below the state average.
With a price-to-rent ratio of 9.4, buying a home in Lee 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.
Lee County has an owner-occupancy rate of 59.0%, 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 |
|---|---|---|---|
| Republic County | Kansas | $75,600 | $664 |
| Wolfe County | Kentucky | $75,800 | $501 |
| Webster County | West Virginia | $76,100 | $709 |
| Allendale County | South Carolina | $76,200 | $662 |
| Appling County | Georgia | $76,700 | $739 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Phillips County | $78,200 | $737 | 51.2% |
| Lafayette County | $81,000 | $755 | 79.3% |
| Nevada County | $83,300 | $869 | 76.0% |
| Monroe County | $88,700 | $614 | 62.6% |
| Chicot County | $89,100 | $574 | 69.2% |
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).