Little River County, Arkansas Housing Market Prices
Little River 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.
-
Median home price 45% below the Arkansas median$61,111
-
Median rent 27% below the Arkansas median Cheaper than 73% of counties in Arkansas$696
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Little River County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $61,111 | $111,957 | $248,835 |
| Price Trend (Annual %) | 152.8% | 3.4% | 7.5% |
| Median Gross Rent | $696 | $947 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Little River County is about 45% lower than in Arkansas. Rent is about 27% 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 Little River County, up about 152.8% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Little River County rose about 31.2% between 2015 and 2024, from $530 to $696. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 1.1 yearly household incomes in Little River County.
Buying the median-priced home in Little River County costs roughly 7.3 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 Little River County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Little River County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $61,111 | $111,957 | $248,835 |
| Median Household Income | $53,826 | $60,940 | $80,455 |
| Price-to-Income Ratio | 1.1 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Little River County fell about 7.2%, while median household income rose about 52.2% 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 | Little River County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.7% | 57.4% | 58.5% |
| Rental Rate | 15.9% | 29.0% | 31.2% |
| Vacancy Rate | 20.4% | 13.5% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Little River County has a homeownership rate of 63.7%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 20.4%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Little River County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1984 | 1987 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in Little River County was built around 1984. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Little River County, AR Housing Compared With Nearby Counties
Little River County, AR is the smallest of the 5 counties compared here, 11,816 residents against a local median of 30,934. The measure that sets Little River County, AR apart most is median home price: $61,111, 38% below the local median of $97,847.
Median rent tells the same story from another angle: $696 against a local median of $853, 18% below it. The one measure here that carries a verdict is homeownership, and at 18% above the local median it puts Little River County, AR at the better end of the local range. The counties themselves spread $199,929 on median home price, so Little River County, AR sits at one end of an already wide local range rather than apart from it. Little River County, AR has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Little River County, AR | 11,816 | $61,111 #4/5 | $696 #4/5 | 80.1% #1/5 |
| Bowie County, TX | 92,113 | $226,420 | $987 | 63.4% |
| Howard County, AR | 12,583 | $102,640 | $689 | 72.5% |
| Miller County, AR | 42,360 | $93,055 | $891 | 64.4% |
| Hempstead County, AR | 19,508 | $26,491 | $815 | 71.7% |
Frequently Asked Questions
Common questions about the housing market in Little River County, Arkansas.
What is the median home price in Little River County, Arkansas?
The median home price in Little River County, Arkansas is $61,111, lower than the Arkansas average of $111,957.
What is the average home price in Little River County, Arkansas?
The typical home price in Little River County, Arkansas, reported as the median sale price, is $61,111. 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 Little River County, Arkansas?
The median gross rent in Little River County, Arkansas is $696 per month, lower than the Arkansas average of $947.
What was the median gross rent in Little River County in 2020?
In 2020, the median gross rent in Little River County, Arkansas was $579 per month.
What is the price-to-rent ratio in Little River County, Arkansas?
The price-to-rent ratio in Little River County, Arkansas is about 7.3, meaning it would take roughly 7.3 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 Little River County.
Are home prices or rent rising faster in Little River County, Arkansas?
Both home prices and rent are rising in Little River County, up about 152.8% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Little River County, Arkansas?
63.7% of households in Little River County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Little River County, Arkansas?
The housing vacancy rate in Little River County, Arkansas is 20.4%, higher than the Arkansas average of 13.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →