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Drew County, AR housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$154,6730.0% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 11% have cut their price
Income needed to buy, per year$33,530About 0.6× the local median income ($55,221): affordable for a typical household
Days on market116 daysAbout the same pace as a year ago

The typical home in Drew County, AR is worth $154,673, about the same as a year ago. That is well below what local incomes have historically supported: fair value is about $174,062, so the area is 11.1% undervalued. It is a buyer's market: homes take about 116 days to sell, listings are up 14% from a year ago, 11% of listings have had a price cut. A household needs about $33,530 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,221. In the latest IRS figures, 120 more people moved in than out.

Home value over time

$0K$50K$100K$150K200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$154,673
Change in 1 year0.0%
Overvalued %−11.1%
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Fair home value$174,062
Change in 5 years+4.1%
Home value to income2.8×
Monthly mortgage payment (20% down)$838
Income needed to afford it$33,530
Property tax rate0.47%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$909

Market activity

Listings vs a year ago+13.7%
Days on market116
Listings with a price cut11.4%
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Homes for sale58
Pending sales per 100 listings14
Asking price per sq ft$116

People and jobs

Median household income$55,221
Population change (1 year)+0.4%
Unemployment rate5.9%
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Population17,054
Income adjusted for cost of living$66,531
Net moves in (IRS)+120
Cost of living (US = 100)83.0

Schools, risk and environment

School rating (1 to 10)3.3
FEMA hazard risk score (0 to 100)35.1
Flood risk score19.0
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Wildfire risk score25.7
Walkability (1 to 20)4.8
Road, rail and air noise52 dB

Questions people ask

Is Drew County, AR overvalued?
Home prices in Drew County, AR are well below what local incomes have historically supported: fair value is about $174,062, so the area is 11.1% undervalued.
Is Drew County, AR a buyer's or seller's market?
Drew County, AR is a buyer's market: homes take about 116 days to sell, listings are up 14% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Drew County, AR?
Home values in Drew County, AR are up 0.0% over the last year.
How much do you need to earn to buy a home in Drew County, AR?
A household needs about $33,530 a year to afford the typical home in Drew County, AR at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,221.

Nearby and similar counties

ZIP codes in Drew County (open on the map)

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