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Buying a home in Logan County, Arkansas

The typical owner-occupied home in Logan County is worth about $139,900, 26% below the Arkansas median of $188,000 and 58% below the national median of $332,700. Owners pay a median $716 a year in property taxes, about 0.51% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $58,555 a year, so the median home costs 2.4 times the median income (3.1 times for Arkansas). 78% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.

Logan County at a glance

Logan County Arkansas U.S.
Median home value $139,900 $188,000 $332,700
Median property tax paid per year $716 $1,040 $3,119
Property tax as a share of value 0.51% 0.55% 0.94%
Median household income $58,555 $60,773 $80,734
Homes lived in by their owners 78% 66% 65%
Owner homes with a mortgage 48% 53% 61%
Median monthly costs, owners with a mortgage $1,097 $1,345 $1,963
Those costs as a share of the owners' income 17.7% 18.5% 21.0%
Median rent $745 $947 $1,413
Rent as a share of renters' income 22.5% 27.6% 30.6%
Median year homes were built 1979 1987 1980
Vacant homes 12.7% 13.5% 10.1%
Population 21,277 3,049,391 334,922,499

What a typical home costs per month in Logan County

At this week's average 30-year rate of 7.11%, buying the median Logan County home of $139,900 with 20% down costs about $871 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,104, 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 $37,313 for the 20%-down payment. That payment is 18% of the median Logan County household income of $58,555; at that income and 20% down, the 28% guideline points to a home of about $220,000.

The median rent here is $745 a month, so owning the median home costs about $126 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$27,980
Loan amount$111,920
Principal and interest$753
Property taxes (0.51% a year)$59
Homeowners insurance (our estimate, 0.5% a year)$58
PMI$0
Total per month$871

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3.5% down, 30-year FHA loan
Down payment$4,896
Loan amount$137,366
Principal and interest$924
Property taxes (0.51% a year)$59
Homeowners insurance (our estimate, 0.5% a year)$58
FHA mortgage insurance$62
Total per month$1,104

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Questions about home buying in Logan County

What is the median home value in Logan County?

About $139,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Logan County?

Homeowners pay a median $716 a year, which is about 0.51% 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 Logan County?

For the median home with 20% down at 7.11%, the payment is about $871 a month. Keeping that under 28% of gross income takes about $37,313 a year.

More about Logan County

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