Sharp County, Arkansas Housing Market
In Sharp County, Arkansas, the median home value is $105,100, with a median monthly rent of $766. This places Sharp County at #2852 nationally out of 3134 counties by median home value, and #58 within Arkansas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $811
- Establishments: 378
- BLS QCEW, 2025
Housing Supply
- Single-family: 16
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,208 (avg $48,245)
- Outflow: 5,460 (avg $48,108)
- IRS Statistics of Income
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| Metric | Sharp County | Arkansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $105,100 | $141,465 | $227,706 |
| Median Gross Rent | $766 | $774 | $968 |
| Owner Occupancy Rate | 78.8% | 71.1% | 73.3% |
| Price/Rent Ratio | 11.4 | 15.1 | 18.7 |
Market Analysis
The median home value in Sharp County is 25.7% below the Arkansas state average and 53.8% below the U.S. national average. The median rent of $766/month is 1.0% below the state average.
With a price-to-rent ratio of 11.4, buying a home in Sharp 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.
Sharp County has an owner-occupancy rate of 78.8%, 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 |
|---|---|---|---|
| Benton County | Mississippi | $105,100 | $731 |
| Covington County | Mississippi | $105,100 | $662 |
| Warren County | Illinois | $105,000 | $788 |
| Wallace County | Kansas | $105,000 | $601 |
| Conecuh County | Alabama | $105,300 | $834 |
Other Counties in Arkansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hempstead County | $105,700 | $815 | 71.7% |
| Woodruff County | $106,500 | $613 | 64.7% |
| Poinsett County | $103,000 | $619 | 64.4% |
| Lincoln County | $108,000 | $744 | 76.1% |
| Ouachita County | $102,100 | $764 | 70.9% |
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).