Polk County, Arkansas Housing Market

In Polk County, Arkansas, the median home value is $138,400, with a median monthly rent of $711. This places Polk County at #2385 nationally out of 3134 counties by median home value, and #35 within Arkansas.

Median Home Value $138,400
Median Rent $711/mo
Owner Occupancy 78.9%
Price/Rent Ratio 16.2

📈 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 Polk County rose +8.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,438
jobs (private sector)
  • Avg weekly wage: $810
  • Establishments: 463
  • BLS QCEW, 2025
🏗️

Housing Supply

4
new units authorized (2025)
  • Single-family: 4
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+680
net migration (filers, 2021-2022)
  • Inflow: 6,847 (avg $52,126)
  • Outflow: 6,167 (avg $51,848)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 71953 266.4 +7.69% 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 Polk County Compares

MetricPolk CountyArkansas AverageU.S. Average
Median Home Value $138,400 $141,465 $227,706
Median Gross Rent $711 $774 $968
Owner Occupancy Rate 78.9% 71.1% 73.3%
Price/Rent Ratio 16.2 15.1 18.7

Market Analysis

The median home value in Polk County is 2.2% below the Arkansas state average and 39.2% below the U.S. national average. The median rent of $711/month is 8.1% below the state average.

With a price-to-rent ratio of 16.2, the buy-vs-rent decision in Polk County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Polk County has an owner-occupancy rate of 78.9%, 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
Evans County Georgia $138,200 $719
Macoupin County Illinois $138,200 $801
Holt County Missouri $138,200 $650
Arkansas County Arkansas $138,100 $843
Baraga County Michigan $138,100 $616

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Arkansas County $138,100 $843 64.6%
Cleveland County $137,600 $536 82.6%
Logan County $139,900 $745 78.4%
Drew County $140,800 $725 63.7%
Van Buren County $135,700 $722 77.9%

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).