Sharp County Area Home Supply Charts

This page looks at a variety of Sharp County Arkansas housing market data taken from the most recent 2021 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Sharp County depicts it has a Housing Units of 9,894 which is the second most housing units of all the counties in the greater Sharp County region.

Figure 2 illustrates the housing density in the Sharp County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Sharp County depicts it has a Housing Density of 16.4 which is the second most housing densities of all the counties in the greater Sharp County region. The county with the highest housing density in the area is Independence County which depicts a density of 21.7 (32.7% larger). Comparing housing density to the United States average of 39.2, Sharp County is approximately half the size. Also, benchmarked against the state of Arkansas, housing density of 26.5, Sharp County is approximately three-fourths the size.

In Figure 4, Sharp County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Sharp County shows it has a Housing Unit Change of 0.7% which is less than most other counties in the greater region. The county with the highest change in the housing units in the area is Independence County which depicts a housing units of 2.6% (approximately 3.5 times bigger). Comparing change in the housing units to the United States average of 6.5%, Sharp County is approximately a tenth the size. Also, measured against the state of Arkansas, change in the housing units of 4.8%, Sharp County is approximately a sixth the size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Sharp County depicts it has a Renter Percent of 21.3% which is the second smallest as measured by renter percent of all the other counties in the surrounding region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 78.7% which is the second most owner percent of all the counties in the greater Sharp County region.

Sharp County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Sharp County home price is illustrated for this community and a useful analysis of affordable housing. Sharp County depicts it has a Median Home Value of $75,200 which is the smallest in terms of median home price of all the other counties in the local area. The county with the highest median home price in the area is Oregon County which shows a home price of $98,600 (31.1% larger). Figure 8 provides aggregate comparative data for the Sharp County Arkansas metro area in terms of the median housing rental rate, apartment rent, etc. Sharp County depicts it has a Median Gross Rent of $552 which is less than most other counties in the metro area. The county with the highest rental rates in the area is Independence County which depicts a rental rates of $653 (18.3% larger). Comparing rental rates to the United States average of $1,096, Sharp County is approximately half the size. Also, benchmarked against the state of Arkansas, rental rates of $760, Sharp County is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Sharp County has the percentage of home price worth less than $50,000 in the center range of other counties in the metro area at 36% of the total. Second, it has the smallest proportion of home price worth between $200,000 to $300,000 at 0% of the total. Third, it has the largest proportion of home price worth between $300,000 to $400,000 at 1% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Sharp County shows it has a Median Owner Cost of $465 which is in the middle range of other counties in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Sharp County metro area. it has a Owner Cost as % of HH Income of 16% which is more than all other counties in the greater Sharp County region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Sharp County depicts it has a Median Home Value as Percent of Median Earnings of 228% which is the second smallest when sorted by median home value as a percent of median worker earnings of all the other counties in the area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Sharp County depicts it has a Median Owner Costs-With Mortgage of $847 which is in the mid range of other counties in the greater region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $289 which is the smallest in order of median housing cost of all the other counties in the local area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Sharp County has the percentage of owner cost less than $300 the second smallest as measured by owner cost less than $300 of all the other counties in the local area at 29% of the total.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Sharp County shows it has a % of Income Owner Costs-With Mortgage of 20% which is the second most cost as a percent of household income of all the counties in the greater Sharp County region. The county with the highest cost as a percent of household income in the area is Fulton County which depicts a cost as a percent of household income of 20% ( only slightly larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Sharp County depicts it has a % of Income Owner Costs-No Mortgage of 11% which is in the mid point range of other counties in the area. The county with the highest cost as a percent of household income in the area is Izard County which depicts a cost as a percent of household income of 12% (14.2% larger).

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $385 which is less than most other counties in the local area. The county with the highest median real estate taxes paid in the area is Independence County which shows a taxes paid of $629 (63.4% larger). Comparing median real estate taxes paid to the United States average of $2,551, Sharp County is approximately a sixth the size. Also, benchmarked against the state of Arkansas, median real estate taxes paid of $828, Sharp County is approximately half the size.

Figure 22 shows the percentage of renters who pay for utilities in Sharp County Arkansas. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Sharp County has the largest proportion of pay extra for utilities at 12% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Sharp County Arkansas has the smallest proportion of rent between 750 and 1000 dollars at 1% of the total.

Sharp County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Sharp County has the percentage of With HELOC no Primary Mortgage less than most other counties in the metro area at 54% of the total.

Sharp County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.0 which is less than most other counties in the surrounding region. The county with the highest family members per housing unit in the area is Izard County which depicts a family members per housing unit of 3.4 (13.3% larger). Comparing family members per housing unit to the United States average of 3.3, Sharp County is about 9.9% smaller. Also, benchmarked against the state of Arkansas, family members per housing unit of 3.2, Sharp County is only about 5.3% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.3 which is the smallest when ranked by average number of rooms in a house of all the other counties in the local area. The county with the highest average number of rooms in a house in the area is Oregon County which depicts an average number of rooms in a house of 5.9 (11.3% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1981 which is the third most year built of all other counties in the greater Sharp County region. The county with the highest year built in the area is Independence County which depicts a year built of 1987 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 2010 to 2013 at 14% of the total and is ranked #3. Only #2 Independence County (15%), and #1 Fulton County (16%) are larger. Second, it has the largest proportion of homes built between 1990 to 1999 at 19% of the total and is ranked #1. Third, it has the largest proportion of homes built between 1980 to 1989 at 30% of the total and is ranked #1. Also, it has the smallest proportion of homes built between 1960 to 1969 at 3% of the total. In addition, it has the smallest proportion of homes built between 1950 to 1959 at 1% of the total. Furthermore, it has the second smallest in terms of homes built in 2014 or later of all the other counties in the metro area as measured by homes built between 1940 to 1949 at 4% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the mid range of other counties in the area at 1,558 of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later in the center range of other counties in the metro area at $89,300 of the total. Second, it has the smallest proportion of value of homes built 2010 to 2013 at $89,600 of the total. Third, it has one of the largest proportions of value of homes built 2000 to 2009 at $118,600 of the total and is ranked #3. Only #2 Randolph County ($120,600), and #1 Izard County ($122,100) are larger. Also, it has the smallest proportion of value of homes built 1990 to 1999 at $74,200 of the total. In addition, it has the smallest proportion of value of homes built 1980 to 1989 at $69,100 of the total. Furthermore, it has the smallest proportion of value of homes built 1970 to 1979 at $58,800 of the total. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $73,000 of the total and is ranked #3. Only #2 Independence County ($77,500), and #1 Oregon County ($92,800) are larger. Additionally, it has less than most other counties in the greater region when sorted by value of homes built 1940 to 1949 at $66,700 of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Sharp County residents. it has a Owner-Household Size of 2.3 which is the smallest in order of homeowner household size of all the other counties in the greater region. The county with the highest homeowner household size in the area is Independence County which depicts a homeowner household size of 2.6 (13.7% larger).

Figure 37 shows the household size for renters. Sharp County shows it has a Renter-Household Size of 2.5 which is the third most renter household sizes of all other counties in the greater Sharp County region. The county with the highest renter household size in the area is Izard County which shows a renter household sizes of 2.7 (only about 4.7% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2019 or later at 22% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 1990 to 1999 at 11% of the total. Figure 39 shows the year that people who rent moved into the area. Sharp County has the percentage of renters moved in 2019 or later the second smallest in order of renters moved in 2019 or later of all the other counties in the greater region at 45% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 31% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2007 which is the largest of all counties in the greater Sharp County region. Figure 41 compares the median year that renters moved into their home. Sharp County shows it has a Renter Median Year Moved In of 2015 which is less than most other counties in the surrounding region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of home using bottled, tank, or lp gas at 57% of the total and is ranked #1. Second, it has in the mid range of other counties in the metropolitan area as measured by homes using coal or coke at 9% of the total. Third, it has one of the largest proportions of homes using solar energy at 1% of the total and is ranked #2. The only larger county being Randolph County with 1%.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Sharp County housing department, Arkansas department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Sharp County shows it has a Total In Group Quarters of 206 which is less than most other counties in the surrounding region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Sharp County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Sharp County has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.