Jacksonville, Arkansas Housing Market Prices
Jacksonville 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 21% above the Arkansas median$135,829
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Median rent 3% above the Arkansas median$974
Housing Market Overview
| Metric | Jacksonville | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $135,829 | $111,957 | $248,835 |
| Price Trend (Annual %) | 6.2% | 3.4% | 7.5% |
| Median Gross Rent | $974 | $947 | $1,407 |
| Rent Trend (Annual %) | 2.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jacksonville is about 21% higher than in Arkansas. Rent is about 3% higher 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 Jacksonville, up about 6.2% and 2.4% a year respectively. Home prices are changing faster.
Median rent in Jacksonville rose about 25.7% between 2015 and 2024, from $775 to $974. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Jacksonville.
Buying the median-priced home in Jacksonville costs roughly 11.6 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 Jacksonville. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Jacksonville | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $135,829 | $111,957 | $248,835 |
| Median Household Income | $56,483 | $60,940 | $80,455 |
| Price-to-Income Ratio | 2.4 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jacksonville rose about 26.1%, while median household income rose about 25.0% 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 | Jacksonville | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 45.4% | 57.4% | 58.5% |
| Rental Rate | 42.0% | 29.0% | 31.2% |
| Vacancy Rate | 12.7% | 13.5% | 10.2% |
| Median Tenure (years) | 10.0 | 14.0 | 15.0 |
| Median Year Moved In | 2016 | 2012 | 2011 |
Jacksonville has a homeownership rate of 45.4%, lower than the Arkansas average of 57.4%. Its housing vacancy rate is 12.7%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Jacksonville | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1980 | 1987 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Jacksonville was built around 1980. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 10.0 years on average.
Jacksonville, AR Housing Compared With Nearby Cities
How Jacksonville, AR compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jacksonville, AR | 24,180 | $135,829 #1/2 | $974 #2/2 | 52.0% #1/2 |
| North Little Rock, AR | 58,195 | $125,680 | $1,056 | 44.9% |
Frequently Asked Questions
Common questions about the housing market in Jacksonville, Arkansas.
What is the median home price in Jacksonville, Arkansas?
The median home price in Jacksonville, Arkansas is $135,829, higher than the Arkansas average of $111,957.
What is the average home price in Jacksonville, Arkansas?
The typical home price in Jacksonville, Arkansas, reported as the median sale price, is $135,829. 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 Jacksonville, Arkansas?
The median gross rent in Jacksonville, Arkansas is $974 per month, higher than the Arkansas average of $947.
What was the median gross rent in Jacksonville in 2020?
In 2020, the median gross rent in Jacksonville, Arkansas was $846 per month.
What is the price-to-rent ratio in Jacksonville, Arkansas?
The price-to-rent ratio in Jacksonville, Arkansas is about 11.6, meaning it would take roughly 11.6 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 Jacksonville.
Are home prices or rent rising faster in Jacksonville, Arkansas?
Both home prices and rent are rising in Jacksonville, up about 6.2% and 2.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jacksonville, Arkansas?
45.4% of households in Jacksonville, Arkansas own their home, lower than the Arkansas average of 57.4%.
What is the vacancy rate in Jacksonville, Arkansas?
The housing vacancy rate in Jacksonville, Arkansas is 12.7%, lower than the Arkansas average of 13.5%.
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