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Buying a home in Stamps, Arkansas

The typical owner-occupied home in Stamps is worth about $67,100, 64% below the Arkansas median of $188,000 and 80% below the national median of $332,700. Owners pay a median $303 a year in property taxes, about 0.45% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $37,297 a year, so the median home costs 1.8 times the median income (3.1 times for Arkansas). 73% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.

Stamps at a glance

Stamps Arkansas U.S.
Median home value $67,100 $188,000 $332,700
Median property tax paid per year $303 $1,040 $3,119
Property tax as a share of value 0.45% 0.55% 0.94%
Median household income $37,297 $60,773 $80,734
Homes lived in by their owners 73% 66% 65%
Owner homes with a mortgage 38% 53% 61%
Median monthly costs, owners with a mortgage $839 $1,345 $1,963
Those costs as a share of the owners' income 17.3% 18.5% 21.0%
Median rent $762 $947 $1,413
Rent as a share of renters' income 26.7% 27.6% 30.6%
Median year homes were built 1974 1987 1980
Vacant homes 23.1% 13.5% 10.1%
Population 1,404 3,049,391 334,922,499

What a typical home costs per month in Stamps

At this week's average 30-year rate of 7.11%, buying the median Stamps home of $67,100 with 20% down costs about $414 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $526, 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 $17,753 for the 20%-down payment. That payment is 13% of the median Stamps household income of $37,297; at that income and 20% down, the 28% guideline points to a home of about $141,000.

The median rent here is $762 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$13,420
Loan amount$53,680
Principal and interest$361
Property taxes (0.45% a year)$25
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$414

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3.5% down, 30-year FHA loan
Down payment$2,348
Loan amount$65,885
Principal and interest$443
Property taxes (0.45% a year)$25
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$30
Total per month$526

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Questions about home buying in Stamps

What is the median home value in Stamps?

About $67,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Stamps?

Homeowners pay a median $303 a year, which is about 0.45% 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 Stamps?

For the median home with 20% down at 7.11%, the payment is about $414 a month. Keeping that under 28% of gross income takes about $17,753 a year.

More about Stamps

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