Randolph County, Arkansas Housing Market Prices
Randolph 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 18% above the Arkansas median$131,992
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Median rent 29% below the Arkansas median Cheaper than 78% of counties in Arkansas$674
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Randolph County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $131,992 | $111,957 | $248,835 |
| Price Trend (Annual %) | 8.9% | 3.4% | 7.5% |
| Median Gross Rent | $674 | $947 | $1,407 |
| Rent Trend (Annual %) | 2.6% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Randolph County is about 18% higher than in Arkansas. Rent is about 29% 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 Randolph County, up about 8.9% and 2.6% a year respectively. Home prices are changing faster.
Median rent in Randolph County rose about 27.0% between 2015 and 2024, from $531 to $674. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Randolph County.
Buying the median-priced home in Randolph County costs roughly 16.3 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 Randolph County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Randolph County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $131,992 | $111,957 | $248,835 |
| Median Household Income | $50,780 | $60,940 | $80,455 |
| Price-to-Income Ratio | 2.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Randolph County rose about 58.3%, while median household income rose about 64.1% 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 | Randolph County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.3% | 57.4% | 58.5% |
| Rental Rate | 22.4% | 29.0% | 31.2% |
| Vacancy Rate | 15.3% | 13.5% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Randolph County has a homeownership rate of 62.3%, higher than the Arkansas average of 57.4%. Its housing vacancy rate is 15.3%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Randolph County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1981 | 1987 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in Randolph County was built around 1981. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Randolph County, AR Housing Compared With Nearby Counties
Randolph County, AR is typical in size for this group, 18,840 residents against a local median of 17,772, so the measures below are close to a like for like comparison. Randolph County, AR's median home price, at $131,992, runs 130% above the $57,405 typical of the counties around it.
The counties themselves spread $88,325 on median home price, so Randolph County, AR sits at one end of an already wide local range rather than apart from it. Randolph County, AR has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Randolph County, AR | 18,840 | $131,992 #2/4 | $674 #4/4 | 73.5% #2/4 |
| Lawrence County, AR | 16,233 | $49,177 | $696 | 66.5% |
| Sharp County, AR | 17,772 | $57,405 | $766 | 78.8% |
| Greene County, AR | 46,432 | $137,502 | $904 | 66.2% |
Frequently Asked Questions
Common questions about the housing market in Randolph County, Arkansas.
What is the median home price in Randolph County, Arkansas?
The median home price in Randolph County, Arkansas is $131,992, higher than the Arkansas average of $111,957.
What is the average home price in Randolph County, Arkansas?
The typical home price in Randolph County, Arkansas, reported as the median sale price, is $131,992. 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 Randolph County, Arkansas?
The median gross rent in Randolph County, Arkansas is $674 per month, lower than the Arkansas average of $947.
What was the median gross rent in Randolph County in 2020?
In 2020, the median gross rent in Randolph County, Arkansas was $637 per month.
What is the price-to-rent ratio in Randolph County, Arkansas?
The price-to-rent ratio in Randolph County, Arkansas is about 16.3, meaning it would take roughly 16.3 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 Randolph County.
Are home prices or rent rising faster in Randolph County, Arkansas?
Both home prices and rent are rising in Randolph County, up about 8.9% and 2.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Randolph County, Arkansas?
62.3% of households in Randolph County, Arkansas own their home, higher than the Arkansas average of 57.4%.
What is the vacancy rate in Randolph County, Arkansas?
The housing vacancy rate in Randolph County, Arkansas is 15.3%, higher than the Arkansas average of 13.5%.
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