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Bay, AR

Full City Profile · Arkansas · Craighead County County

3.0 /5.0
B Good
2,369 Population 767/sq mi density
$58,000 Median Income $21,961 per capita
$109,000 Home Value $137,179 Zillow
$1,013 Median Rent 20.6% income on rent
61°F Avg Temperature 310 sunny days/yr
166 Violent Crime/100K 1,330 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$58,000 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$109,000 home value, $1,013/mo rent
F
Safety
1.0 / 5.0
166 violent crimes/100K
C
Education
2.1 / 5.0
13.7% bachelor's degree or higher

Housing Overview

Median Home Value
$109,000
61% below
US avg: $281,900
Median Rent
$1,013/mo
13% below
US avg: $1,163/mo
Homeownership Rate
47.3%
28% below US avg (65.4%)
Total Housing Units
921
Median year built: 1976

Home Value by Source

Census Median
$109,000
Zillow (ZHVI)
$137,179
Median Sale Price
$95,000
Median List Price
$179,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.3%
Owner-Occupied
52.7%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $1,013/mo

Market Indicators (Redfin)

Median Days on Market
9 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$60
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
20.6%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
47.3%

Complete Housing Data

Home Values

Census Median Value$109,000
Zillow Home Value (ZHVI)$137,179
Median Sale Price$95,000
Median List Price$179,900
Price Per Sq Ft$60

Rent

Census Median Rent$1,013
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market9
Sale-to-List Ratio1.1%
Price Drops25.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$60

Ownership & Stock

Owner-Occupied47.3%
Renter-Occupied52.7%
Homeownership Rate47.3%
Total Housing Units921
Median Year Built1976
Rent Burden20.6%