The typical owner-occupied home in Huntsville is worth about $163,600, 13% below the Arkansas median of $188,000 and 51% below the national median of $332,700. Owners pay a median $734 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 $57,813 a year, so the median home costs 2.8 times the median income (3.1 times for Arkansas). 65% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Huntsville at a glance
| Huntsville | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $163,600 | $188,000 | $332,700 |
| Median property tax paid per year | $734 | $1,040 | $3,119 |
| Property tax as a share of value | 0.45% | 0.55% | 0.94% |
| Median household income | $57,813 | $60,773 | $80,734 |
| Homes lived in by their owners | 65% | 66% | 65% |
| Owner homes with a mortgage | 64% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $1,043 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 14.6% | 18.5% | 21.0% |
| Median rent | $620 | $947 | $1,413 |
| Rent as a share of renters' income | 27.7% | 27.6% | 30.6% |
| Median year homes were built | 1979 | 1987 | 1980 |
| Vacant homes | 12.7% | 13.5% | 10.1% |
| Population | 3,202 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Huntsville
At this week's average 30-year rate of 7.11%, buying the median Huntsville home of $163,600 with 20% down costs about $1,010 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,282, 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 $43,284 for the 20%-down payment. That payment is 21% of the median Huntsville household income of $57,813; at that income and 20% down, the 28% guideline points to a home of about $219,000.
The median rent here is $620 a month, so owning the median home costs about $390 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,720 |
|---|---|
| Loan amount | $130,880 |
| Principal and interest | $880 |
| Property taxes (0.45% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,010 |
Change the numbers in the calculator
| Down payment | $5,726 |
|---|---|
| Loan amount | $160,637 |
| Principal and interest | $1,081 |
| Property taxes (0.45% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,282 |
Change the numbers in the calculator
Questions about home buying in Huntsville
What is the median home value in Huntsville?
About $163,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Huntsville?
Homeowners pay a median $734 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 Huntsville?
For the median home with 20% down at 7.11%, the payment is about $1,010 a month. Keeping that under 28% of gross income takes about $43,284 a year.
More about Huntsville
- Mortgage Refinance in Huntsville
- Debt Relief in Huntsville
- Home Equity Loans in Huntsville
- 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