Mortgage Rates in Arkansas
Updated April 2026
Key Mortgage Metrics
Median Home Price
$225,000
30-Year Fixed Rate
6.8%
Property Tax Rate
0.62%
Est. Annual Property Tax
$1,395
Housing Market in Arkansas
The median home price in Arkansas is currently $225,000, with an average 30-year fixed mortgage rate of 6.8%. Property taxes in Arkansas average 0.62% of home value, translating to approximately $1,395 annually on a median-priced home.
Use our mortgage calculator to estimate your monthly payments based on your specific down payment and loan terms.
First-Time Homebuyer Programs
Arkansas offers several programs to help first-time homebuyers:
- Arkansas Development Finance Authority
- First-time homebuyer assistance
Contact your state housing finance agency for eligibility requirements and application details.
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