Ouachita County, Arkansas Housing Market Prices
Ouachita 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 23% below the Arkansas median$86,219
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Median rent 19% below the Arkansas median$763
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ouachita County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $86,219 | $111,957 | $248,835 |
| Price Trend (Annual %) | 43.8% | 3.4% | 7.5% |
| Median Gross Rent | $763 | $947 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ouachita County is about 23% lower than in Arkansas. Rent is about 19% 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 Ouachita County, up about 43.8% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Ouachita County rose about 40.1% between 2015 and 2024, from $545 to $763. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Ouachita County.
Buying the median-priced home in Ouachita County costs roughly 9.4 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 Ouachita County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Ouachita County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $86,219 | $111,957 | $248,835 |
| Median Household Income | $48,857 | $60,940 | $80,455 |
| Price-to-Income Ratio | 1.8 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ouachita County rose about 218.9%, while median household income rose about 49.6% 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 | Ouachita County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.5% | 57.4% | 58.5% |
| Rental Rate | 21.1% | 29.0% | 31.2% |
| Vacancy Rate | 27.3% | 13.5% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Ouachita County has a homeownership rate of 51.5%, lower than the Arkansas average of 57.4%. Its housing vacancy rate is 27.3%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Ouachita County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1973 | 1987 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Ouachita County was built around 1973. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 17.0 years on average.
Ouachita County, AR Housing Compared With Nearby Counties
Ouachita County, AR is the 3rd largest of the 5 counties compared here, 22,085 residents against a local median of 15,254. Ouachita County, AR's median home price, at $86,219, runs 119% above the $39,290 typical of the counties around it.
The counties themselves spread $141,507 on median home price, so Ouachita County, AR sits at one end of an already wide local range rather than apart from it. Ouachita County, AR has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ouachita County, AR | 22,085 | $86,219 #2/5 | $763 #4/5 | 70.9% #4/5 |
| Calhoun County, AR | 4,704 | $165,969 | $768 | 87.8% |
| Nevada County, AR | 8,159 | $51,081 | $869 | 76.0% |
| Union County, AR | 37,897 | $24,462 | $846 | 72.7% |
| Columbia County, AR | 22,349 | $27,499 | $648 | 70.7% |
Frequently Asked Questions
Common questions about the housing market in Ouachita County, Arkansas.
What is the median home price in Ouachita County, Arkansas?
The median home price in Ouachita County, Arkansas is $86,219, lower than the Arkansas average of $111,957.
What is the average home price in Ouachita County, Arkansas?
The typical home price in Ouachita County, Arkansas, reported as the median sale price, is $86,219. 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 Ouachita County, Arkansas?
The median gross rent in Ouachita County, Arkansas is $763 per month, lower than the Arkansas average of $947.
What was the median gross rent in Ouachita County in 2020?
In 2020, the median gross rent in Ouachita County, Arkansas was $561 per month.
What is the price-to-rent ratio in Ouachita County, Arkansas?
The price-to-rent ratio in Ouachita County, Arkansas is about 9.4, meaning it would take roughly 9.4 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 Ouachita County.
Are home prices or rent rising faster in Ouachita County, Arkansas?
Both home prices and rent are rising in Ouachita County, up about 43.8% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ouachita County, Arkansas?
51.5% of households in Ouachita County, Arkansas own their home, lower than the Arkansas average of 57.4%.
What is the vacancy rate in Ouachita County, Arkansas?
The housing vacancy rate in Ouachita County, Arkansas is 27.3%, higher than the Arkansas average of 13.5%.
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