Home / Home Buying by state / Arkansas / Clay County / Peach Orchard

Buying a home in Peach Orchard, Arkansas

The typical owner-occupied home in Peach Orchard is worth about $48,300, 74% below the Arkansas median of $188,000 and 85% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.41% of their home's value, lower than the Arkansas rate of 0.55%. 100% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.

Peach Orchard at a glance

Peach Orchard Arkansas U.S.
Median home value $48,300 $188,000 $332,700
Median property tax paid per year $199 $1,040 $3,119
Property tax as a share of value 0.41% 0.55% 0.94%
Median household income – $60,773 $80,734
Homes lived in by their owners 100% 66% 65%
Owner homes with a mortgage 27% 53% 61%
Median monthly costs, owners with a mortgage $644 $1,345 $1,963
Those costs as a share of the owners' income 36.1% 18.5% 21.0%
Median rent – $947 $1,413
Median year homes were built 1966 1987 1980
Vacant homes 31.7% 13.5% 10.1%
Population 86 3,049,391 334,922,499

What a typical home costs per month in Peach Orchard

At this week's average 30-year rate of 7.11%, buying the median Peach Orchard home of $48,300 with 20% down costs about $297 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $377, 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 $12,710 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$9,660
Loan amount$38,640
Principal and interest$260
Property taxes (0.41% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$20
PMI$0
Total per month$297

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$1,690
Loan amount$47,425
Principal and interest$319
Property taxes (0.41% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$20
FHA mortgage insurance$21
Total per month$377

Change the numbers in the calculator

Questions about home buying in Peach Orchard

What is the median home value in Peach Orchard?

About $48,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Peach Orchard?

Homeowners pay a median $199 a year, which is about 0.41% 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 Peach Orchard?

For the median home with 20% down at 7.11%, the payment is about $297 a month. Keeping that under 28% of gross income takes about $12,710 a year.

More about Peach Orchard

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