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Buying a home in Fountain Hill, Arkansas

The typical owner-occupied home in Fountain Hill is worth about $43,600, 77% below the Arkansas median of $188,000 and 87% below the national median of $332,700. Owners pay a median $383 a year in property taxes, about 0.88% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $26,667 a year, so the median home costs 1.6 times the median income (3.1 times for Arkansas). 98% of occupied homes here are lived in by their owners, and 16% of those owners still have a mortgage.

Fountain Hill at a glance

Fountain Hill Arkansas U.S.
Median home value $43,600 $188,000 $332,700
Median property tax paid per year $383 $1,040 $3,119
Property tax as a share of value 0.88% 0.55% 0.94%
Median household income $26,667 $60,773 $80,734
Homes lived in by their owners 98% 66% 65%
Owner homes with a mortgage 16% 53% 61%
Median monthly costs, owners with a mortgage $858 $1,345 $1,963
Those costs as a share of the owners' income 41.7% 18.5% 21.0%
Median rent – $947 $1,413
Median year homes were built 1971 1987 1980
Vacant homes 30.3% 13.5% 10.1%
Population 81 3,049,391 334,922,499

What a typical home costs per month in Fountain Hill

At this week's average 30-year rate of 7.11%, buying the median Fountain Hill home of $43,600 with 20% down costs about $285 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $357, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $12,205 for the 20%-down payment. That payment is 13% of the median Fountain Hill household income of $26,667; at that income and 20% down, the 28% guideline points to a home of about $95,000.

20% down, 30-year conventional loan
Down payment$8,720
Loan amount$34,880
Principal and interest$235
Property taxes (0.88% a year)$32
Homeowners insurance (our estimate, 0.5% a year)$18
PMI$0
Total per month$285

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3.5% down, 30-year FHA loan
Down payment$1,526
Loan amount$42,810
Principal and interest$288
Property taxes (0.88% a year)$32
Homeowners insurance (our estimate, 0.5% a year)$18
FHA mortgage insurance$19
Total per month$357

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Questions about home buying in Fountain Hill

What is the median home value in Fountain Hill?

About $43,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Fountain Hill?

Homeowners pay a median $383 a year, which is about 0.88% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Fountain Hill?

For the median home with 20% down at 7.11%, the payment is about $285 a month. Keeping that under 28% of gross income takes about $12,205 a year.

More about Fountain Hill

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data