Lonoke County, Arkansas Housing Market Prices
Lonoke 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 75% above the Arkansas median More expensive than 84% of counties in Arkansas$195,587
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Median rent 8% above the Arkansas median Among the 5 most expensive counties in Arkansas$1,025
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lonoke County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $195,587 | $111,957 | $248,835 |
| Price Trend (Annual %) | 8.1% | 3.4% | 7.5% |
| Median Gross Rent | $1,025 | $947 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lonoke County is about 75% higher than in Arkansas. Rent is about 8% 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 Lonoke County, up about 8.1% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Lonoke County rose about 43.5% between 2015 and 2024, from $714 to $1,025. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Lonoke County.
Buying the median-priced home in Lonoke County costs roughly 15.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lonoke County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Lonoke County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $195,587 | $111,957 | $248,835 |
| Median Household Income | $72,662 | $60,940 | $80,455 |
| Price-to-Income Ratio | 2.7 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lonoke County rose about 80.2%, while median household income rose about 41.6% 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 | Lonoke County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.3% | 57.4% | 58.5% |
| Rental Rate | 23.2% | 29.0% | 31.2% |
| Vacancy Rate | 7.5% | 13.5% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Lonoke County has a homeownership rate of 69.3%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 7.5%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Lonoke County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1992 | 1987 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in Lonoke County was built around 1992. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 13.0 years on average.
Lonoke County, AR Housing Compared With Nearby Counties
Lonoke County, AR is the 4th largest of the 5 counties compared here, 75,267 residents against a local median of 102,774. Where Lonoke County, AR breaks from the counties next to it is median home price, sitting 47% above the local median of $132,978 at $195,587.
Homeownership tells the same story from another angle: 75.0% against a local median of 62.0%, 21% above it. The one measure here that carries a verdict is homeownership, and at 21% above the local median it puts Lonoke County, AR at the better end of the local range. The counties themselves spread $167,583 on median home price, so Lonoke County, AR sits at one end of an already wide local range rather than apart from it. Lonoke County, AR has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lonoke County, AR | 75,267 | $195,587 #1/5 | $1,025 #2/5 | 75.0% #1/5 |
| Pulaski County, AR | 399,629 | $187,117 | $1,080 | 57.0% |
| Jefferson County, AR | 64,799 | $19,534 | $887 | 61.8% |
| White County, AR | 77,839 | $82,210 | $849 | 69.1% |
| Faulkner County, AR | 127,709 | $183,745 | $1,005 | 62.3% |
Frequently Asked Questions
Common questions about the housing market in Lonoke County, Arkansas.
What is the median home price in Lonoke County, Arkansas?
The median home price in Lonoke County, Arkansas is $195,587, higher than the Arkansas average of $111,957.
What is the average home price in Lonoke County, Arkansas?
The typical home price in Lonoke County, Arkansas, reported as the median sale price, is $195,587. 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 Lonoke County, Arkansas?
The median gross rent in Lonoke County, Arkansas is $1,025 per month, higher than the Arkansas average of $947.
What was the median gross rent in Lonoke County in 2020?
In 2020, the median gross rent in Lonoke County, Arkansas was $816 per month.
What is the price-to-rent ratio in Lonoke County, Arkansas?
The price-to-rent ratio in Lonoke County, Arkansas is about 15.9, meaning it would take roughly 15.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Lonoke County.
Are home prices or rent rising faster in Lonoke County, Arkansas?
Both home prices and rent are rising in Lonoke County, up about 8.1% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lonoke County, Arkansas?
69.3% of households in Lonoke County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Lonoke County, Arkansas?
The housing vacancy rate in Lonoke County, Arkansas is 7.5%, lower than the Arkansas average of 13.5%.
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