What is the average home price in Arkansas?
Around $200,000 in 2026.
Arkansas Mortgage Calculator 2026
Arkansas has affordable home prices averaging $200,000 in 2026. Use this calculator to estimate your monthly mortgage payment.
Current Rates (Freddie Mac PMMS)
30-Year Fixed: 15-Year Fixed: Rates verified Oct 21, 2026
Adjust values — results update instantly.
State: Arkansas (median-style home price, tax, and insurance pre-filled — edit as needed)
Illustrative property tax and insurance — county millage and insurance vary. Not a loan offer.
Dollar amount. PMI applies when under 20% of home price.
PMI is estimated at 0.5% of the loan amount per year when your down payment is below 20% of the purchase price.
Total monthly payment
$1,246
Principal & interest
$1,038Property tax
$100Home insurance
$108Loan amount$160,000
Down payment$40,000 (20.0%)
Total interest (life)$213,593
Total cost$373,593
Frequently Asked Questions
Does Arkansas have a transfer tax?
No state transfer tax.
What is Arkansas state income tax?
Flat 3.9% rate in 2026.
How much do I need to earn to afford a home in Arkansas?
Approximately $38,000–$42,000 annually for the average AR home.
Related calculators
Educational estimates only. Not a lender pre-approval.