The typical owner-occupied home in Valley Springs is worth about $126,600, 33% below the Arkansas median of $188,000 and 62% below the national median of $332,700. 86% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.
Valley Springs at a glance
| Valley Springs | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $126,600 | $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 | 74% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $764 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 18.5% | 21.0% |
| Median rent | $694 | $947 | $1,413 |
| Rent as a share of renters' income | 24.2% | 27.6% | 30.6% |
| Median year homes were built | 1974 | 1987 | 1980 |
| Vacant homes | 10.7% | 13.5% | 10.1% |
| Population | 121 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Valley Springs
At this week's average 30-year rate of 7.11%, buying the median Valley Springs home of $126,600 with 20% down costs about $850 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,061, 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 $36,434 for the 20%-down payment.
The median rent here is $694 a month, so owning the median home costs about $156 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $25,320 |
|---|---|
| Loan amount | $101,280 |
| Principal and interest | $681 |
| Property taxes (1.10% a year) | $116 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| PMI | $0 |
| Total per month | $850 |
Change the numbers in the calculator
| Down payment | $4,431 |
|---|---|
| Loan amount | $124,307 |
| Principal and interest | $836 |
| Property taxes (1.10% a year) | $116 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| FHA mortgage insurance | $56 |
| Total per month | $1,061 |
Change the numbers in the calculator
Questions about home buying in Valley Springs
What is the median home value in Valley Springs?
About $126,600 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 Valley Springs?
For the median home with 20% down at 7.11%, the payment is about $850 a month. Keeping that under 28% of gross income takes about $36,434 a year.
More about Valley Springs
- Mortgage Refinance in Valley Springs
- Debt Relief in Valley Springs
- Home Equity Loans in Valley Springs
- 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