Baxter County, Arkansas Housing Market Prices
Baxter County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 119% above the Arkansas median More expensive than 88% of counties in Arkansas$244,686
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Median rent 11% below the Arkansas median More expensive than 73% of counties in Arkansas$845
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Baxter County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $244,686 | $111,957 | $248,835 |
| Price Trend (Annual %) | 27.1% | 3.4% | 7.5% |
| Median Gross Rent | $845 | $947 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Baxter County is about 119% higher than in Arkansas. Rent is about 11% lower than the Arkansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Baxter County, up about 27.1% and 3.6% a year respectively. Home prices are changing faster.
Median rent in Baxter County rose about 35.6% between 2015 and 2024, from $623 to $845. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 5.0 yearly household incomes in Baxter County.
Buying the median-priced home in Baxter County costs roughly 24.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Baxter County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Baxter County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $244,686 | $111,957 | $248,835 |
| Median Household Income | $48,614 | $60,940 | $80,455 |
| Price-to-Income Ratio | 5.0 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Baxter County rose about 164.7%, while median household income rose about 35.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Baxter County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.6% | 57.4% | 58.5% |
| Rental Rate | 21.0% | 29.0% | 31.2% |
| Vacancy Rate | 15.4% | 13.5% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Baxter County has a homeownership rate of 63.6%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 15.4%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Baxter County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.17 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1985 | 1987 | 1978 |
| Median Number of Rooms | 5.7 | 5.5 | 5.5 |
The typical housing unit in Baxter County was built around 1985. On average, 2.2 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Baxter County, AR Housing Compared With Nearby Counties
Baxter County, AR is the largest of the 4 counties compared here, 42,405 residents against a local median of 14,007. Where Baxter County, AR breaks from the counties next to it is median home price, sitting more than 5 times the local median of $43,658 at $244,686.
Median rent tells the same story from another angle: $845 against a local median of $625, 35% above it. The counties themselves sit within $80,194 of each other on median home price, a tighter band than the gap between any of them and Baxter County, AR, which makes it a genuine outlier here rather than one end of a wide local spread. Baxter County, AR has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Baxter County, AR | 42,405 | $244,686 #1/4 | $845 #1/4 | 75.2% #4/4 |
| Marion County, AR | 17,232 | $109,943 | $794 | 81.3% |
| Stone County, AR | 12,568 | $29,749 | $625 | 75.9% |
| Izard County, AR | 14,007 | $43,658 | $620 | 75.4% |
Frequently Asked Questions
Common questions about the housing market in Baxter County, Arkansas.
What is the median home price in Baxter County, Arkansas?
The median home price in Baxter County, Arkansas is $244,686, higher than the Arkansas average of $111,957.
What is the average home price in Baxter County, Arkansas?
The typical home price in Baxter County, Arkansas, reported as the median sale price, is $244,686. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Baxter County, Arkansas?
The median gross rent in Baxter County, Arkansas is $845 per month, lower than the Arkansas average of $947.
What was the median gross rent in Baxter County in 2020?
In 2020, the median gross rent in Baxter County, Arkansas was $722 per month.
What is the price-to-rent ratio in Baxter County, Arkansas?
The price-to-rent ratio in Baxter County, Arkansas is about 24.1, meaning it would take roughly 24.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Baxter County.
Are home prices or rent rising faster in Baxter County, Arkansas?
Both home prices and rent are rising in Baxter County, up about 27.1% and 3.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Baxter County, Arkansas?
63.6% of households in Baxter County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Baxter County, Arkansas?
The housing vacancy rate in Baxter County, Arkansas is 15.4%, higher than the Arkansas average of 13.5%.
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