Pike County, Arkansas Housing Market
In Pike County, Arkansas, the median home value is $121,600, with a median monthly rent of $686. This places Pike County at #2607 nationally out of 3134 counties by median home value, and #45 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: $822
- Establishments: 231
- BLS QCEW, 2025
Migration Patterns
- Inflow: 3,538 (avg $53,258)
- Outflow: 3,374 (avg $53,151)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Pike County Compares
| Metric | Pike County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $121,600 | $141,465 | $227,706 |
| Median Gross Rent | $686 | $774 | $968 |
| Owner Occupancy Rate | 75.0% | 71.1% | 73.3% |
| Price/Rent Ratio | 14.8 | 15.1 | 18.7 |
Market Analysis
The median home value in Pike County is 14.0% below the Arkansas state average and 46.6% below the U.S. national average. The median rent of $686/month is 11.4% below the state average.
With a price-to-rent ratio of 14.8, buying a home in Pike 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.
Pike 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| McPherson County | Nebraska | $121,600 | $588 |
| Nicholas County | West Virginia | $121,600 | $686 |
| Clarke County | Alabama | $121,700 | $782 |
| Harrison County | Ohio | $121,500 | $785 |
| Hardeman County | Tennessee | $121,700 | $812 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Union County | $120,900 | $847 | 72.7% |
| Mississippi County | $122,500 | $830 | 60.0% |
| Sevier County | $117,600 | $751 | 67.6% |
| Cross County | $117,500 | $764 | 67.5% |
| Scott County | $115,000 | $722 | 78.1% |
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).