The typical owner-occupied home in Mountain Home is worth about $169,800, 10% below the Arkansas median of $188,000 and 49% below the national median of $332,700. Owners pay a median $743 a year in property taxes, about 0.44% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $41,274 a year, so the median home costs 4.1 times the median income (3.1 times for Arkansas). 61% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Mountain Home at a glance
| Mountain Home | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $169,800 | $188,000 | $332,700 |
| Median property tax paid per year | $743 | $1,040 | $3,119 |
| Property tax as a share of value | 0.44% | 0.55% | 0.94% |
| Median household income | $41,274 | $60,773 | $80,734 |
| Homes lived in by their owners | 61% | 66% | 65% |
| Owner homes with a mortgage | 52% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $1,146 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 18.5% | 21.0% |
| Median rent | $865 | $947 | $1,413 |
| Rent as a share of renters' income | 32.5% | 27.6% | 30.6% |
| Median year homes were built | 1982 | 1987 | 1980 |
| Vacant homes | 6.7% | 13.5% | 10.1% |
| Population | 13,108 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Mountain Home
At this week's average 30-year rate of 7.11%, buying the median Mountain Home home of $169,800 with 20% down costs about $1,047 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,330, 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 $44,863 for the 20%-down payment. That payment is 30% of the median Mountain Home household income of $41,274; at that income and 20% down, the 28% guideline points to a home of about $156,000.
The median rent here is $865 a month, so owning the median home costs about $182 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,960 |
|---|---|
| Loan amount | $135,840 |
| Principal and interest | $914 |
| Property taxes (0.44% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,047 |
Change the numbers in the calculator
| Down payment | $5,943 |
|---|---|
| Loan amount | $166,724 |
| Principal and interest | $1,122 |
| Property taxes (0.44% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $75 |
| Total per month | $1,330 |
Change the numbers in the calculator
Questions about home buying in Mountain Home
What is the median home value in Mountain Home?
About $169,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mountain Home?
Homeowners pay a median $743 a year, which is about 0.44% 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 Mountain Home?
For the median home with 20% down at 7.11%, the payment is about $1,047 a month. Keeping that under 28% of gross income takes about $44,863 a year.
More about Mountain Home
- Mortgage Refinance in Mountain Home
- Debt Relief in Mountain Home
- Home Equity Loans in Mountain Home
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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