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Buying a home in Minturn, Arkansas

The typical owner-occupied home in Minturn is worth about $310,700, 65% above the Arkansas median of $188,000 and 7% below the national median of $332,700. 86% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.

Minturn at a glance

Minturn Arkansas U.S.
Median home value $310,700 $188,000 $332,700
Median property tax paid per year – $1,040 $3,119
Median household income – $60,773 $80,734
Homes lived in by their owners 86% 66% 65%
Owner homes with a mortgage 48% 53% 61%
Median monthly costs, owners with a mortgage – $1,345 $1,963
Median rent – $947 $1,413
Median year homes were built 1995 1987 1980
Vacant homes 21.6% 13.5% 10.1%
Population 91 3,049,391 334,922,499

What a typical home costs per month in Minturn

At this week's average 30-year rate of 7.11%, buying the median Minturn home of $310,700 with 20% down costs about $2,086 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,604, 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 $89,415 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$62,140
Loan amount$248,560
Principal and interest$1,672
Property taxes (1.10% a year)$285
Homeowners insurance (our estimate, 0.5% a year)$129
PMI$0
Total per month$2,086

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3.5% down, 30-year FHA loan
Down payment$10,874
Loan amount$305,072
Principal and interest$2,052
Property taxes (1.10% a year)$285
Homeowners insurance (our estimate, 0.5% a year)$129
FHA mortgage insurance$137
Total per month$2,604

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Questions about home buying in Minturn

What is the median home value in Minturn?

About $310,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Minturn?

For the median home with 20% down at 7.11%, the payment is about $2,086 a month. Keeping that under 28% of gross income takes about $89,415 a year.

More about Minturn

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