Prairie County, Arkansas Housing Market
In Prairie County, Arkansas, the median home value is $96,400, with a median monthly rent of $625. This places Prairie County at #2967 nationally out of 3134 counties by median home value, and #64 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: $881
- Establishments: 179
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,883 (avg $58,916)
- Outflow: 2,772 (avg $59,975)
- IRS Statistics of Income
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| Metric | Prairie County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $96,400 | $141,465 | $227,706 |
| Median Gross Rent | $625 | $774 | $968 |
| Owner Occupancy Rate | 75.8% | 71.1% | 73.3% |
| Price/Rent Ratio | 12.9 | 15.1 | 18.7 |
Market Analysis
The median home value in Prairie County is 31.9% below the Arkansas state average and 57.7% below the U.S. national average. The median rent of $625/month is 19.3% below the state average.
With a price-to-rent ratio of 12.9, buying a home in Prairie 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.
Prairie County has an owner-occupancy rate of 75.8%, 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 |
|---|---|---|---|
| Scott County | Illinois | $96,400 | $689 |
| Donley County | Texas | $96,400 | $780 |
| Phillips County | Kansas | $96,500 | $672 |
| Nuckolls County | Nebraska | $96,500 | $585 |
| Nolan County | Texas | $96,300 | $913 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Dallas County | $97,300 | $627 | 72.6% |
| Bradley County | $94,800 | $689 | 66.0% |
| Clay County | $94,600 | $707 | 74.7% |
| Jackson County | $98,300 | $668 | 65.5% |
| Lawrence County | $98,900 | $697 | 66.6% |
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).