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Gravette, AR

Full City Profile · Arkansas · Benton County County

3.2 /5.0
B Good
3,629 Population 237/sq mi density
$65,014 Median Income $27,416 per capita
$189,100 Home Value $353,462 Zillow
$1,028 Median Rent 22.4% income on rent
61°F Avg Temperature 305 sunny days/yr
407 Violent Crime/100K 2,236 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,014 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$189,100 home value, $1,028/mo rent
F
Safety
1.0 / 5.0
407 violent crimes/100K (7% above avg)
C+
Education
2.6 / 5.0
20.6% bachelor's degree or higher

Housing Overview

Median Home Value
$189,100
33% below
US avg: $281,900
Median Rent
$1,028/mo
12% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
1,275
Median year built: 1991

Home Value by Source

Census Median
$189,100
Zillow (ZHVI)
$353,462
Median Sale Price
$272,000
Median List Price
$519,475
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.6%
Owner-Occupied
34.4%
Renter-Occupied
66%
34%
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: $1,028/mo

Market Indicators (Redfin)

Median Days on Market
158 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
31.3%
of listings with price reduction
Price Per Sq Ft
$183
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
22.4%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
65.6%

Complete Housing Data

Home Values

Census Median Value$189,100
Zillow Home Value (ZHVI)$353,462
Median Sale Price$272,000
Median List Price$519,475
Price Per Sq Ft$183

Rent

Census Median Rent$1,028
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market158
Sale-to-List Ratio1.0%
Price Drops31.3%
Homes Sold2
Active Inventory16
Price Per Sq Ft$183

Ownership & Stock

Owner-Occupied65.6%
Renter-Occupied34.4%
Homeownership Rate65.6%
Total Housing Units1,275
Median Year Built1991
Rent Burden22.4%