Carroll County, Arkansas Housing Market Prices
Carroll 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 36% below the Arkansas median$71,928
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Median rent 10% below the Arkansas median More expensive than 78% of counties in Arkansas$856
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Carroll County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $71,928 | $111,957 | $248,835 |
| Price Trend (Annual %) | -2.8% | 3.4% | 7.5% |
| Median Gross Rent | $856 | $947 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Carroll County is about 36% lower than in Arkansas. Rent is about 10% lower than the Arkansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Carroll County: home prices fell about 2.8% a year while rent rose about 5.1% a year. That is an unusual pattern worth watching.
Median rent in Carroll County rose about 37.6% between 2015 and 2024, from $622 to $856. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Carroll County.
Buying the median-priced home in Carroll County costs roughly 7.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Carroll County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Carroll County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $71,928 | $111,957 | $248,835 |
| Median Household Income | $55,547 | $60,940 | $80,455 |
| Price-to-Income Ratio | 1.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Carroll County fell about 24.6%, while median household income rose about 56.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Carroll County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.0% | 57.4% | 58.5% |
| Rental Rate | 18.3% | 29.0% | 31.2% |
| Vacancy Rate | 18.7% | 13.5% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Carroll County has a homeownership rate of 63.0%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 18.7%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Carroll County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1988 | 1987 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Carroll County was built around 1988. On average, 2.5 people live in a home with about 5.3 rooms, staying for about 16.0 years on average.
Carroll County, AR Housing Compared With Nearby Counties
Carroll County, AR is the smallest of the 4 counties compared here, 28,630 residents against a local median of 35,028. The measure that sets Carroll County, AR apart most is median home price: $71,928, 36% below the local median of $112,503.
The counties themselves spread $78,297 on median home price, so Carroll County, AR sits at one end of an already wide local range rather than apart from it. Carroll County, AR has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Carroll County, AR | 28,630 | $71,928 #3/4 | $856 #2/4 | 77.5% #2/4 |
| Stone County, MO | 32,050 | $136,931 | $895 | 83.3% |
| Boone County, AR | 38,139 | $58,635 | $733 | 70.8% |
| Barry County, MO | 35,028 | $112,503 | $766 | 77.3% |
Frequently Asked Questions
Common questions about the housing market in Carroll County, Arkansas.
What is the median home price in Carroll County, Arkansas?
The median home price in Carroll County, Arkansas is $71,928, lower than the Arkansas average of $111,957.
What is the average home price in Carroll County, Arkansas?
The typical home price in Carroll County, Arkansas, reported as the median sale price, is $71,928. 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 Carroll County, Arkansas?
The median gross rent in Carroll County, Arkansas is $856 per month, lower than the Arkansas average of $947.
What was the median gross rent in Carroll County in 2020?
In 2020, the median gross rent in Carroll County, Arkansas was $575 per month.
What is the price-to-rent ratio in Carroll County, Arkansas?
The price-to-rent ratio in Carroll County, Arkansas is about 7.0, meaning it would take roughly 7.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Carroll County.
Are home prices or rent rising faster in Carroll County, Arkansas?
Home prices and rent are moving in opposite directions in Carroll County: home prices fell about 2.8% a year while rent rose about 5.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Carroll County, Arkansas?
63.0% of households in Carroll County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Carroll County, Arkansas?
The housing vacancy rate in Carroll County, Arkansas is 18.7%, higher than the Arkansas average of 13.5%.
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