Lonoke County, Arkansas Housing Market

In Lonoke County, Arkansas, the median home value is $193,600, with a median monthly rent of $1,025. This places Lonoke County at #1471 nationally out of 3134 counties by median home value, and #9 within Arkansas.

Median Home Value $193,600
Median Rent $1,025/mo
Owner Occupancy 75.0%
Price/Rent Ratio 15.7

📈 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 Lonoke County fell -1.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

12,930
jobs (private sector)
  • Avg weekly wage: $840
  • Establishments: 1,447
  • BLS QCEW, 2025
🏗️

Housing Supply

224
new units authorized (2025)
  • Single-family: 173
  • Multi-family: 51
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2033
net migration (filers, 2021-2022)
  • Inflow: 27,878 (avg $70,800)
  • Outflow: 25,845 (avg $71,610)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Lonoke County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 72086 229.5 +0.82% 2025
2 72007 205.7 -1.67% 2025
3 72176 192.2 -0.80% 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 Lonoke County Compares

MetricLonoke CountyArkansas AverageU.S. Average
Median Home Value $193,600 $141,465 $227,706
Median Gross Rent $1,025 $774 $968
Owner Occupancy Rate 75.0% 71.1% 73.3%
Price/Rent Ratio 15.7 15.1 18.7

Market Analysis

The median home value in Lonoke County is 36.9% above the Arkansas state average and 15.0% below the U.S. national average. The median rent of $1,025/month is 32.4% above the state average.

With a price-to-rent ratio of 15.7, the buy-vs-rent decision in Lonoke County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Lonoke County has an owner-occupancy rate of 75.0%, 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
Jackson County Michigan $193,700 $985
Conejos County Colorado $193,400 $748
San Juan County New Mexico $193,800 $956
Humphreys County Tennessee $193,400 $862
Muscogee County Georgia $193,900 $1,106

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Garland County $194,300 $966 69.4%
Boone County $188,900 $733 70.8%
Crawford County $182,800 $851 75.5%
Cleburne County $179,800 $859 80.6%
Madison County $178,100 $729 79.5%

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).