Marion County, Arkansas Housing Market Prices
Marion 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 2% below the Arkansas median$109,943
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Median rent 16% below the Arkansas median$794
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Marion County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $109,943 | $111,957 | $248,835 |
| Price Trend (Annual %) | 3.4% | 3.4% | 7.5% |
| Median Gross Rent | $794 | $947 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Marion County is about 2% lower than in Arkansas. Rent is about 16% 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 Marion County, up about 3.4% and 4.7% a year respectively. Rent is changing faster.
Median rent in Marion County rose about 43.5% between 2015 and 2024, from $553 to $794. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Marion County.
Buying the median-priced home in Marion County costs roughly 11.5 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 Marion County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Marion County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $109,943 | $111,957 | $248,835 |
| Median Household Income | $47,961 | $60,940 | $80,455 |
| Price-to-Income Ratio | 2.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Marion County fell about 5.6%, while median household income rose about 42.4% 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 | Marion County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.9% | 57.4% | 58.5% |
| Rental Rate | 14.7% | 29.0% | 31.2% |
| Vacancy Rate | 21.4% | 13.5% | 10.2% |
| Median Tenure (years) | 18.0 | 14.0 | 15.0 |
| Median Year Moved In | 2008 | 2012 | 2011 |
Marion County has a homeownership rate of 63.9%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 21.4%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Marion County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.23 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1986 | 1987 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Marion County was built around 1986. On average, 2.2 people live in a home with about 5.4 rooms, staying for about 18.0 years on average.
Marion County, AR Housing Compared With Nearby Counties
Marion County, AR is the smallest of the 4 counties compared here, 17,232 residents against a local median of 42,405. Where Marion County, AR breaks from the counties next to it is median home price, sitting 27% below the local median of $151,138 at $109,943.
The counties themselves spread $186,051 on median home price, so Marion County, AR sits at one end of an already wide local range rather than apart from it. Marion County, AR has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Marion County, AR | 17,232 | $109,943 #3/4 | $794 #3/4 | 81.3% #1/4 |
| Baxter County, AR | 42,405 | $244,686 | $845 | 75.2% |
| Boone County, AR | 38,139 | $58,635 | $733 | 70.8% |
| Taney County, MO | 56,523 | $151,138 | $925 | 67.0% |
Frequently Asked Questions
Common questions about the housing market in Marion County, Arkansas.
What is the median home price in Marion County, Arkansas?
The median home price in Marion County, Arkansas is $109,943, lower than the Arkansas average of $111,957.
What is the average home price in Marion County, Arkansas?
The typical home price in Marion County, Arkansas, reported as the median sale price, is $109,943. 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 Marion County, Arkansas?
The median gross rent in Marion County, Arkansas is $794 per month, lower than the Arkansas average of $947.
What was the median gross rent in Marion County in 2020?
In 2020, the median gross rent in Marion County, Arkansas was $652 per month.
What is the price-to-rent ratio in Marion County, Arkansas?
The price-to-rent ratio in Marion County, Arkansas is about 11.5, meaning it would take roughly 11.5 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 Marion County.
Are home prices or rent rising faster in Marion County, Arkansas?
Both home prices and rent are rising in Marion County, up about 3.4% and 4.7% a year respectively. Rent is changing faster.
What is the homeownership rate in Marion County, Arkansas?
63.9% of households in Marion County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Marion County, Arkansas?
The housing vacancy rate in Marion County, Arkansas is 21.4%, higher than the Arkansas average of 13.5%.
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