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Sebastian County, AR

RANK #463 / 996  ·  POP 128,184  ·  AR

PROJECTED GROWTH: +0.9%

Sebastian County sits in the middle of the pack — stable but not accelerating.

[01] Why Sebastian County?

Sebastian County, Arkansas, stands out for its unique dual county seats: Fort Smith, the state's second-largest city, and Greenwood. This western Arkansas county, bordering Oklahoma, is situated in the Arkansas River Valley, with its southern edge touching the Ouachita Mountains. The Arkansas River forms its northern boundary. Commutes within the county are generally short, with an average one-way trip of under 20 minutes. The area offers extensive outdoor recreation, including over 7.5 miles of paved trails and 14 miles of mountain biking and hiking trails at Ben Geren Regional Park, one of the largest county parks in Arkansas. Fishing in the Arkansas River is also a popular activity.

Life in Sebastian County offers a family-friendly environment with a relatively low cost of living. The public schools in the county are highly rated, with districts like Greenwood and Fort Smith receiving positive reviews. The economy, historically tied to coal mining and the Fort Chaffee military base, has diversified. While the overall Arkansas economy has recently grown faster, Sebastian County continues to see steady gains in business establishments and average weekly wages. The University of Arkansas – Fort Smith also contributes to the local economy by providing a skilled workforce.

[02] Market Snapshot

Housing Ratio
2.7x

Undervalued relative to economy

GDP Growth
+2.2%

Below national median

Home Prices
+2.9%

Outpacing national median

Climate & Terrain
1.1

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 2.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Sebastian County U.S. National

The Numbers

DEMOGRAPHICS
Population
128,184
+0.19% YoY
Median Household Income
$54,047
Median Home Value
$154,900
+2.9% 12mo
Median Rent
$805
Average Annual Pay
$55,173
+3.8% YoY
Employment
67,665
+1.2% YoY
Income-to-Home-Value
0.3489
More affordable than average
Migration Inflow
3.76%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$220,000
Days on Market
71
Slower market
Months of Supply
5.0
Buyer's market
Sale-to-List Ratio
96.9%
Negotiation room for buyers
Sold Above List
14.9%
Listings w/ Price Drops
23.3%
Building Permits (2024)
385
Single-Family Permits
234

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +2.2% 40 percentile
Population Growth +0.2% 38 percentile
Income Growth +7.6% 28 percentile
Vacancy Rate 1.6% 18 percentile
Home Price Change +2.9% 71 percentile
Rent Growth +2.9% 48 percentile
Price/Rent 13x 59 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Sebastian County, AR a good place to move to?

Sebastian County has a Boom Town Index score of 54/100, ranking #463 among 996 U.S. counties. With job growth at +1.2% and a median household income of $54,047, it's an above-average county on economic indicators.

Is Sebastian County affordable?

The median home value in Sebastian County is $154,900 with median rent at $805/month. The income-to-home-value ratio is 0.3489, which is more affordable than the national average.

Is Sebastian County growing or shrinking?

Population growth: +0.2% year-over-year. Job growth: +1.2%. Home values changed +2.9% in the past 12 months.

Are people moving to Sebastian County?

Yes — 3.76% of Sebastian County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Oakland County, MI 64 Sullivan County, NY 64 Harford County, MD 64 Essex County, MA 64 Burke County, NC 64 Muskingum County, OH 64 Vigo County, IN 64 Cass County, ND 64