Izard County, Arkansas Housing Market Prices
Izard 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 61% below the Arkansas median Cheaper than 77% of counties in Arkansas$43,658
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Median rent 35% below the Arkansas median Cheaper than 91% of counties in Arkansas$620
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Izard County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $43,658 | $111,957 | $248,835 |
| Price Trend (Annual %) | -2.4% | 3.4% | 7.5% |
| Median Gross Rent | $620 | $947 | $1,407 |
| Rent Trend (Annual %) | 1.3% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Izard County is about 61% lower than in Arkansas. Rent is about 35% 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 Izard County: home prices fell about 2.4% a year while rent rose about 1.3% a year. That is an unusual pattern worth watching.
Median rent in Izard County rose about 22.1% between 2015 and 2024, from $508 to $620. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Izard County.
Buying the median-priced home in Izard County costs roughly 5.9 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 Izard County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Izard County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $43,658 | $111,957 | $248,835 |
| Median Household Income | $49,618 | $60,940 | $80,455 |
| Price-to-Income Ratio | 0.9 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Izard County fell about 21.0%, while median household income rose about 46.4% 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 | Izard County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.6% | 57.4% | 58.5% |
| Rental Rate | 19.1% | 29.0% | 31.2% |
| Vacancy Rate | 22.4% | 13.5% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Izard County has a homeownership rate of 58.6%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 22.4%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Izard County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1986 | 1987 | 1978 |
| Median Number of Rooms | 5.6 | 5.5 | 5.5 |
The typical housing unit in Izard County was built around 1986. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 16.0 years on average.
Izard County, AR Housing Compared With Nearby Counties
Izard County, AR is the 4th largest of the 6 counties compared here, 14,007 residents against a local median of 17,772. Where Izard County, AR breaks from the counties next to it is median home price, sitting 24% below the local median of $57,405 at $43,658.
Median rent tells the same story from another angle: $620 against a local median of $766, 19% below it. The counties themselves spread $225,761 on median home price, so Izard County, AR sits at one end of an already wide local range rather than apart from it. Izard County, AR has the 4th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Izard County, AR | 14,007 | $43,658 #4/6 | $620 #6/6 | 75.4% #4/6 |
| Fulton County, AR | 12,303 | $63,807 | $625 | 84.7% |
| Stone County, AR | 12,568 | $29,749 | $625 | 75.9% |
| Sharp County, AR | 17,772 | $57,405 | $766 | 78.8% |
| Baxter County, AR | 42,405 | $244,686 | $845 | 75.2% |
| Independence County, AR | 38,178 | $18,924 | $845 | 69.2% |
Frequently Asked Questions
Common questions about the housing market in Izard County, Arkansas.
What is the median home price in Izard County, Arkansas?
The median home price in Izard County, Arkansas is $43,658, lower than the Arkansas average of $111,957.
What is the average home price in Izard County, Arkansas?
The typical home price in Izard County, Arkansas, reported as the median sale price, is $43,658. 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 Izard County, Arkansas?
The median gross rent in Izard County, Arkansas is $620 per month, lower than the Arkansas average of $947.
What was the median gross rent in Izard County in 2020?
In 2020, the median gross rent in Izard County, Arkansas was $595 per month.
What is the price-to-rent ratio in Izard County, Arkansas?
The price-to-rent ratio in Izard County, Arkansas is about 5.9, meaning it would take roughly 5.9 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 Izard County.
Are home prices or rent rising faster in Izard County, Arkansas?
Home prices and rent are moving in opposite directions in Izard County: home prices fell about 2.4% a year while rent rose about 1.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Izard County, Arkansas?
58.6% of households in Izard County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Izard County, Arkansas?
The housing vacancy rate in Izard County, Arkansas is 22.4%, higher than the Arkansas average of 13.5%.
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