Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$222,191
$721

Housing Market Overview

Metric Conway County Arkansas Avg US Average
Median Home Price $222,191 $123,805 $242,182
Price Trend (Annual %) 25.8% 5.2% 8.2%
Median Gross Rent $721 $913 $1,342
Rent Trend (Annual %) 3.4% 4.2% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Conway County
Arkansas
United States
Year Conway County Arkansas United States
Median Rent Over Time
Conway County
Arkansas
United States
Year Conway County Arkansas United States

Affordability

On average, housing unit costs 4.3 yearly household incomes in Conway County.

Metric Conway County Arkansas Avg US Average
Median Home Price $222,191 $123,805 $242,182
Median Household Income $51,360 $58,772 $78,145
Price-to-Income Ratio 4.3 2.1 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Conway County Arkansas Avg US Average
Homeownership Rate 61.3% 56.9% 58.2%
Rental Rate 24.5% 29.1% 31.3%
Vacancy Rate 14.2% 14.0% 10.6%
Median Tenure (years) 15.0 14.0 15.0
Median Year Moved In 2011 2012 2011

Housing Stock

Metric Conway County Arkansas Avg US Average
Average Household Size 2.49 people 2.48 people 2.54 people
Median Structure Built Year 1988 1986 1978
Median Number of Rooms 5.6 5.5 5.5