The typical owner-occupied home in Ivan is worth about $135,000, 28% below the Arkansas median of $188,000 and 59% below the national median of $332,700. Owners pay a median $733 a year in property taxes, about 0.54% of their home's value, close to the Arkansas rate of 0.55%. 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Ivan at a glance
| Ivan | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $135,000 | $188,000 | $332,700 |
| Median property tax paid per year | $733 | $1,040 | $3,119 |
| Property tax as a share of value | 0.54% | 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 | 0% | 53% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,345 | $1,963 |
| Median rent | – | $947 | $1,413 |
| Median year homes were built | 2002 | 1987 | 1980 |
| Vacant homes | 62.2% | 13.5% | 10.1% |
| Population | 50 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Ivan
At this week's average 30-year rate of 7.11%, buying the median Ivan home of $135,000 with 20% down costs about $844 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,068, 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 $36,151 for the 20%-down payment.
| Down payment | $27,000 |
|---|---|
| Loan amount | $108,000 |
| Principal and interest | $727 |
| Property taxes (0.54% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| PMI | $0 |
| Total per month | $844 |
Change the numbers in the calculator
| Down payment | $4,725 |
|---|---|
| Loan amount | $132,555 |
| Principal and interest | $892 |
| Property taxes (0.54% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| FHA mortgage insurance | $60 |
| Total per month | $1,068 |
Change the numbers in the calculator
Questions about home buying in Ivan
What is the median home value in Ivan?
About $135,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ivan?
Homeowners pay a median $733 a year, which is about 0.54% 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 Ivan?
For the median home with 20% down at 7.11%, the payment is about $844 a month. Keeping that under 28% of gross income takes about $36,151 a year.
More about Ivan
- Mortgage Refinance in Ivan
- Debt Relief in Ivan
- Home Equity Loans in Ivan
- 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