Dallas County, Arkansas Housing Market Prices
Dallas 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 95% below the Arkansas median Cheapest county in Arkansas$5,500
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Median rent 34% below the Arkansas median Cheaper than 85% of counties in Arkansas$626
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dallas County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,500 | $111,957 | $248,835 |
| Price Trend (Annual %) | 6.1% | 3.4% | 7.5% |
| Median Gross Rent | $626 | $947 | $1,407 |
| Rent Trend (Annual %) | 1.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dallas County is about 95% lower than in Arkansas. Rent is about 34% 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 Dallas County, up about 6.1% and 1.4% a year respectively. Home prices are changing faster.
Median rent in Dallas County rose about 20.3% between 2015 and 2024, from $521 to $626. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Dallas County.
Buying the median-priced home in Dallas County costs roughly 0.7 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 Dallas County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Dallas County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,500 | $111,957 | $248,835 |
| Median Household Income | $43,008 | $60,940 | $80,455 |
| Price-to-Income Ratio | 0.1 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dallas County fell about 69.1%, while median household income rose about 38.3% 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 | Dallas County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.5% | 57.4% | 58.5% |
| Rental Rate | 20.2% | 29.0% | 31.2% |
| Vacancy Rate | 26.3% | 13.5% | 10.2% |
| Median Tenure (years) | 22.0 | 14.0 | 15.0 |
| Median Year Moved In | 2004 | 2012 | 2011 |
Dallas County has a homeownership rate of 53.5%, lower than the Arkansas average of 57.4%. Its housing vacancy rate is 26.3%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Dallas County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1982 | 1987 | 1978 |
| Median Number of Rooms | 5.6 | 5.5 | 5.5 |
The typical housing unit in Dallas County was built around 1982. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 22.0 years on average.
Dallas County, AR Housing Compared With Nearby Counties
Dallas County, AR is the 4th largest of the 5 counties compared here, 6,237 residents against a local median of 20,164. Where Dallas County, AR breaks from the counties next to it is median home price, sitting 94% below the local median of $90,946 at $5,500.
Median rent tells the same story from another angle: $626 against a local median of $768, 18% below it. The counties themselves sit within $79,749 of each other on median home price, a tighter band than the gap between any of them and Dallas County, AR, which makes it a genuine outlier here rather than one end of a wide local spread. Dallas County, AR has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Dallas County, AR | 6,237 | $5,500 #5/5 | $626 #5/5 | 72.6% #4/5 |
| Grant County, AR | 18,243 | $92,898 | $787 | 80.7% |
| Calhoun County, AR | 4,704 | $165,969 | $768 | 87.8% |
| Ouachita County, AR | 22,085 | $86,219 | $763 | 70.9% |
| Hot Spring County, AR | 33,176 | $88,995 | $768 | 76.5% |
Frequently Asked Questions
Common questions about the housing market in Dallas County, Arkansas.
What is the median home price in Dallas County, Arkansas?
The median home price in Dallas County, Arkansas is $5,500, lower than the Arkansas average of $111,957.
What is the average home price in Dallas County, Arkansas?
The typical home price in Dallas County, Arkansas, reported as the median sale price, is $5,500. 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 Dallas County, Arkansas?
The median gross rent in Dallas County, Arkansas is $626 per month, lower than the Arkansas average of $947.
What was the median gross rent in Dallas County in 2020?
In 2020, the median gross rent in Dallas County, Arkansas was $688 per month.
What is the price-to-rent ratio in Dallas County, Arkansas?
The price-to-rent ratio in Dallas County, Arkansas is about 0.7, meaning it would take roughly 0.7 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 Dallas County.
Are home prices or rent rising faster in Dallas County, Arkansas?
Both home prices and rent are rising in Dallas County, up about 6.1% and 1.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dallas County, Arkansas?
53.5% of households in Dallas County, Arkansas own their home, lower than the Arkansas average of 57.4%.
What is the vacancy rate in Dallas County, Arkansas?
The housing vacancy rate in Dallas County, Arkansas is 26.3%, higher than the Arkansas average of 13.5%.
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