Perry County, Arkansas Housing Market Prices
Perry 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 138% above the Arkansas median More expensive than 91% of counties in Arkansas$266,447
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Median rent 15% below the Arkansas median$805
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Perry County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $266,447 | $111,957 | $248,835 |
| Price Trend (Annual %) | 17.9% | 3.4% | 7.5% |
| Median Gross Rent | $805 | $947 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Perry County is about 138% higher than in Arkansas. Rent is about 15% 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 Perry County, up about 17.9% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Perry County rose about 29.3% between 2015 and 2024, from $623 to $805. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 4.7 yearly household incomes in Perry County.
Buying the median-priced home in Perry County costs roughly 27.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Perry County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Perry County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $266,447 | $111,957 | $248,835 |
| Median Household Income | $56,528 | $60,940 | $80,455 |
| Price-to-Income Ratio | 4.7 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Perry County rose about 153.8%, while median household income rose about 20.2% 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 | Perry County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.2% | 57.4% | 58.5% |
| Rental Rate | 16.2% | 29.0% | 31.2% |
| Vacancy Rate | 17.6% | 13.5% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Perry County has a homeownership rate of 66.2%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 17.6%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Perry County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1994 | 1987 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Perry County was built around 1994. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 14.0 years on average.
Perry County, AR Housing Compared With Nearby Counties
Perry County, AR is the smallest of the 4 counties compared here, 10,079 residents against a local median of 100,035. The measure that sets Perry County, AR apart most is median home price: $266,447, 172% above the local median of $98,062.
Median rent tells the same story from another angle: $805 against a local median of $966, 17% below it. The counties themselves spread $115,040 on median home price, so Perry County, AR sits at one end of an already wide local range rather than apart from it. Perry County, AR has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Perry County, AR | 10,079 | $266,447 #1/4 | $805 #4/4 | 80.4% #1/4 |
| Saline County, AR | 127,467 | $192,380 | $1,033 | 78.2% |
| Garland County, AR | 100,035 | $77,340 | $966 | 69.4% |
| Pope County, AR | 64,050 | $98,062 | $858 | 70.4% |
Frequently Asked Questions
Common questions about the housing market in Perry County, Arkansas.
What is the median home price in Perry County, Arkansas?
The median home price in Perry County, Arkansas is $266,447, higher than the Arkansas average of $111,957.
What is the average home price in Perry County, Arkansas?
The typical home price in Perry County, Arkansas, reported as the median sale price, is $266,447. 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 Perry County, Arkansas?
The median gross rent in Perry County, Arkansas is $805 per month, lower than the Arkansas average of $947.
What was the median gross rent in Perry County in 2020?
In 2020, the median gross rent in Perry County, Arkansas was $624 per month.
What is the price-to-rent ratio in Perry County, Arkansas?
The price-to-rent ratio in Perry County, Arkansas is about 27.6, meaning it would take roughly 27.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Perry County.
Are home prices or rent rising faster in Perry County, Arkansas?
Both home prices and rent are rising in Perry County, up about 17.9% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Perry County, Arkansas?
66.2% of households in Perry County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Perry County, Arkansas?
The housing vacancy rate in Perry County, Arkansas is 17.6%, higher than the Arkansas average of 13.5%.
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