Housing Market Overview

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

$93,060
$779

Housing Market Overview

Metric Grant County Arkansas Avg US Average
Median Home Price $93,060 $123,805 $242,182
Price Trend (Annual %) 30.0% 5.2% 8.2%
Median Gross Rent $779 $913 $1,342
Rent Trend (Annual %) 1.7% 4.2% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

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

Affordability

On average, housing unit costs 1.3 yearly household incomes in Grant County.

Metric Grant County Arkansas Avg US Average
Median Home Price $93,060 $123,805 $242,182
Median Household Income $72,707 $58,772 $78,145
Price-to-Income Ratio 1.3 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 Grant County Arkansas Avg US Average
Homeownership Rate 70.0% 56.9% 58.2%
Rental Rate 18.0% 29.1% 31.3%
Vacancy Rate 12.0% 14.0% 10.6%
Median Tenure (years) 16.0 14.0 15.0
Median Year Moved In 2010 2012 2011

Housing Stock

Metric Grant County Arkansas Avg US Average
Average Household Size 2.58 people 2.48 people 2.54 people
Median Structure Built Year 1989 1986 1978
Median Number of Rooms 5.5 5.5 5.5