Sebastian County, Arkansas Housing Market

In Sebastian County, Arkansas, the median home value is $176,200, with a median monthly rent of $886. This places Sebastian County at #1679 nationally out of 3134 counties by median home value, and #14 within Arkansas.

Median Home Value $176,200
Median Rent $886/mo
Owner Occupancy 61.4%
Price/Rent Ratio 16.6

📈 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 Sebastian County rose +5.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

60,539
jobs (private sector)
  • Avg weekly wage: $1,074
  • Establishments: 3,691
  • BLS QCEW, 2025
🏗️

Housing Supply

525
new units authorized (2025)
  • Single-family: 143
  • Multi-family: 382
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2634
net migration (filers, 2021-2022)
  • Inflow: 48,176 (avg $71,009)
  • Outflow: 45,542 (avg $71,954)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in Sebastian County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 72904 243.2 +14.74% 2025
2 72937 246.9 — 2025
3 72901 210.2 -5.60% 2025
4 72908 220.4 +11.41% 2025
5 72941 278.4 +5.02% 2025
6 72936 254.9 +5.46% 2025
7 72916 235.0 +4.48% 2025
8 72903 223.3 +3.86% 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 Sebastian County Compares

MetricSebastian CountyArkansas AverageU.S. Average
Median Home Value $176,200 $141,465 $227,706
Median Gross Rent $886 $774 $968
Owner Occupancy Rate 61.4% 71.1% 73.3%
Price/Rent Ratio 16.6 15.1 18.7

Market Analysis

The median home value in Sebastian County is 24.6% above the Arkansas state average and 22.6% below the U.S. national average. The median rent of $886/month is 14.5% above the state average.

With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Sebastian County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Sebastian County has an owner-occupancy rate of 61.4%, 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

CountyStateMedian Home ValueMedian Rent
Alger County Michigan $176,200 $714
Madison County Texas $176,200 $851
Sangamon County Illinois $176,300 $983
Hillsdale County Michigan $176,100 $832
Hickory County Missouri $176,100 $648

Other Counties in Arkansas

CountyMedian Home ValueMedian RentOwner Occ.
Baxter County $174,600 $846 75.2%
Madison County $178,100 $729 79.5%
Cleburne County $179,800 $859 80.6%
Stone County $171,600 $626 75.9%
Pope County $170,100 $859 70.4%

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).