Grant County, Arkansas Housing Market Prices
Grant 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 17% below the Arkansas median$92,898
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Median rent 17% below the Arkansas median$787
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Grant County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $92,898 | $111,957 | $248,835 |
| Price Trend (Annual %) | 26.3% | 3.4% | 7.5% |
| Median Gross Rent | $787 | $947 | $1,407 |
| Rent Trend (Annual %) | 1.6% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Grant County is about 17% lower than in Arkansas. Rent is about 17% 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 Grant County, up about 26.3% and 1.6% a year respectively. Home prices are changing faster.
Median rent in Grant County rose about 13.4% between 2015 and 2024, from $694 to $787. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Grant County.
Buying the median-priced home in Grant County costs roughly 9.8 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 Grant County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Grant County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $92,898 | $111,957 | $248,835 |
| Median Household Income | $71,163 | $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 Grant County rose about 253.8%, while median household income rose about 28.9% 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 | Grant County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.8% | 57.4% | 58.5% |
| Rental Rate | 16.9% | 29.0% | 31.2% |
| Vacancy Rate | 12.3% | 13.5% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Grant County has a homeownership rate of 70.8%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 12.3%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Grant County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1991 | 1987 | 1978 |
| Median Number of Rooms | 5.6 | 5.5 | 5.5 |
The typical housing unit in Grant County was built around 1991. On average, 2.6 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Grant County, AR Housing Compared With Nearby Counties
Grant County, AR is the smallest of the 4 counties compared here, 18,243 residents against a local median of 127,467. Grant County, AR's median home price, at $92,898, runs 50% below the $187,117 typical of the counties around it.
Homeownership tells the same story from another angle: 80.7% against a local median of 61.8%, 31% above it. The one measure here that carries a verdict is homeownership, and at 31% above the local median it puts Grant County, AR at the better end of the local range. The counties themselves spread $172,846 on median home price, so Grant County, AR sits at one end of an already wide local range rather than apart from it. Grant County, AR has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Grant County, AR | 18,243 | $92,898 #3/4 | $787 #4/4 | 80.7% #1/4 |
| Saline County, AR | 127,467 | $192,380 | $1,033 | 78.2% |
| Pulaski County, AR | 399,629 | $187,117 | $1,080 | 57.0% |
| Jefferson County, AR | 64,799 | $19,534 | $887 | 61.8% |
Frequently Asked Questions
Common questions about the housing market in Grant County, Arkansas.
What is the median home price in Grant County, Arkansas?
The median home price in Grant County, Arkansas is $92,898, lower than the Arkansas average of $111,957.
What is the average home price in Grant County, Arkansas?
The typical home price in Grant County, Arkansas, reported as the median sale price, is $92,898. 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 Grant County, Arkansas?
The median gross rent in Grant County, Arkansas is $787 per month, lower than the Arkansas average of $947.
What was the median gross rent in Grant County in 2020?
In 2020, the median gross rent in Grant County, Arkansas was $700 per month.
What is the price-to-rent ratio in Grant County, Arkansas?
The price-to-rent ratio in Grant County, Arkansas is about 9.8, meaning it would take roughly 9.8 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 Grant County.
Are home prices or rent rising faster in Grant County, Arkansas?
Both home prices and rent are rising in Grant County, up about 26.3% and 1.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Grant County, Arkansas?
70.8% of households in Grant County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Grant County, Arkansas?
The housing vacancy rate in Grant County, Arkansas is 12.3%, lower than the Arkansas average of 13.5%.
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