The typical owner-occupied home in Bella Vista is worth about $296,700, 58% above the Arkansas median of $188,000 and 11% below the national median of $332,700. Owners pay a median $1,796 a year in property taxes, about 0.61% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $88,055 a year, so the median home costs 3.4 times the median income (3.1 times for Arkansas). 88% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Bella Vista at a glance
| Bella Vista | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $296,700 | $188,000 | $332,700 |
| Median property tax paid per year | $1,796 | $1,040 | $3,119 |
| Property tax as a share of value | 0.61% | 0.55% | 0.94% |
| Median household income | $88,055 | $60,773 | $80,734 |
| Homes lived in by their owners | 88% | 66% | 65% |
| Owner homes with a mortgage | 60% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $1,527 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 18.7% | 18.5% | 21.0% |
| Median rent | $1,395 | $947 | $1,413 |
| Rent as a share of renters' income | 21.0% | 27.6% | 30.6% |
| Median year homes were built | 1996 | 1987 | 1980 |
| Vacant homes | 7.4% | 13.5% | 10.1% |
| Population | 31,697 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Bella Vista
At this week's average 30-year rate of 7.11%, buying the median Bella Vista home of $296,700 with 20% down costs about $1,871 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,365, 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 $80,194 for the 20%-down payment. That payment is 26% of the median Bella Vista household income of $88,055; at that income and 20% down, the 28% guideline points to a home of about $326,000.
The median rent here is $1,395 a month, so owning the median home costs about $476 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $59,340 |
|---|---|
| Loan amount | $237,360 |
| Principal and interest | $1,597 |
| Property taxes (0.61% a year) | $151 |
| Homeowners insurance (our estimate, 0.5% a year) | $124 |
| PMI | $0 |
| Total per month | $1,871 |
Change the numbers in the calculator
| Down payment | $10,384 |
|---|---|
| Loan amount | $291,326 |
| Principal and interest | $1,960 |
| Property taxes (0.61% a year) | $151 |
| Homeowners insurance (our estimate, 0.5% a year) | $124 |
| FHA mortgage insurance | $131 |
| Total per month | $2,365 |
Change the numbers in the calculator
Questions about home buying in Bella Vista
What is the median home value in Bella Vista?
About $296,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bella Vista?
Homeowners pay a median $1,796 a year, which is about 0.61% 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 Bella Vista?
For the median home with 20% down at 7.11%, the payment is about $1,871 a month. Keeping that under 28% of gross income takes about $80,194 a year.
More about Bella Vista
- Mortgage Refinance in Bella Vista
- Debt Relief in Bella Vista
- Home Equity Loans in Bella Vista
- 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