Washington County, Arkansas Housing Market Prices
Washington 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.
-
Median home price 52% above the Arkansas median More expensive than 73% of counties in Arkansas$170,355
-
Median rent 13% above the Arkansas median Among the 3 most expensive counties in Arkansas$1,070
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Washington County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $170,355 | $111,957 | $248,835 |
| Price Trend (Annual %) | 4.8% | 3.4% | 7.5% |
| Median Gross Rent | $1,070 | $947 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Washington County is about 52% higher than in Arkansas. Rent is about 13% 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 Washington County, up about 4.8% and 5.0% a year respectively. Rent is changing faster.
Median rent in Washington County rose about 52.0% between 2015 and 2024, from $704 to $1,070. Over the same span, rent in Arkansas rose about 40.1%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Washington County.
Buying the median-priced home in Washington County costs roughly 13.3 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 Washington County. The price-to-rent ratio in Arkansas is about 9.9.
| Metric | Washington County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $170,355 | $111,957 | $248,835 |
| Median Household Income | $70,909 | $60,940 | $80,455 |
| Price-to-Income Ratio | 2.4 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Washington County rose about 41.0%, while median household income rose about 53.8% 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 | Washington County | Arkansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.3% | 57.4% | 58.5% |
| Rental Rate | 40.9% | 29.0% | 31.2% |
| Vacancy Rate | 7.8% | 13.5% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Washington County has a homeownership rate of 51.3%, lower than the Arkansas average of 57.4%. Its housing vacancy rate is 7.8%, compared with 13.5% in Arkansas.
Housing Stock
| Metric | Washington County | Arkansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1996 | 1987 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Washington County was built around 1996. On average, 2.5 people live in a home with about 5.3 rooms, staying for about 12.0 years on average.
Washington County, AR Housing Compared With Nearby Counties
How Washington County, AR compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Washington County, AR | 256,746 | $170,355 #3/3 | $1,070 #2/3 | 55.6% #3/3 |
| Benton County, AR | 303,622 | $246,475 | $1,277 | 67.0% |
| Crawford County, AR | 61,139 | $501,474 | $850 | 75.5% |
Frequently Asked Questions
Common questions about the housing market in Washington County, Arkansas.
What is the median home price in Washington County, Arkansas?
The median home price in Washington County, Arkansas is $170,355, higher than the Arkansas average of $111,957.
What is the average home price in Washington County, Arkansas?
The typical home price in Washington County, Arkansas, reported as the median sale price, is $170,355. 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 Washington County, Arkansas?
The median gross rent in Washington County, Arkansas is $1,070 per month, higher than the Arkansas average of $947.
What was the median gross rent in Washington County in 2020?
In 2020, the median gross rent in Washington County, Arkansas was $819 per month.
What is the price-to-rent ratio in Washington County, Arkansas?
The price-to-rent ratio in Washington County, Arkansas is about 13.3, meaning it would take roughly 13.3 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 Washington County.
Are home prices or rent rising faster in Washington County, Arkansas?
Both home prices and rent are rising in Washington County, up about 4.8% and 5.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Washington County, Arkansas?
51.3% of households in Washington County, Arkansas own their home, lower than the Arkansas average of 57.4%.
What is the vacancy rate in Washington County, Arkansas?
The housing vacancy rate in Washington County, Arkansas is 7.8%, lower than the Arkansas average of 13.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →