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Buying a home in Fisher, Arkansas

The typical owner-occupied home in Fisher is worth about $55,800, 70% below the Arkansas median of $188,000 and 83% below the national median of $332,700. Owners pay a median $364 a year in property taxes, about 0.65% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $38,750 a year, so the median home costs 1.4 times the median income (3.1 times for Arkansas). 95% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.

Fisher at a glance

Fisher Arkansas U.S.
Median home value $55,800 $188,000 $332,700
Median property tax paid per year $364 $1,040 $3,119
Property tax as a share of value 0.65% 0.55% 0.94%
Median household income $38,750 $60,773 $80,734
Homes lived in by their owners 95% 66% 65%
Owner homes with a mortgage 25% 53% 61%
Median monthly costs, owners with a mortgage $700 $1,345 $1,963
Those costs as a share of the owners' income 9.0% 18.5% 21.0%
Median rent – $947 $1,413
Median year homes were built 1977 1987 1980
Vacant homes 20.0% 13.5% 10.1%
Population 167 3,049,391 334,922,499

What a typical home costs per month in Fisher

At this week's average 30-year rate of 7.11%, buying the median Fisher home of $55,800 with 20% down costs about $354 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $447, 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 $15,162 for the 20%-down payment. That payment is 11% of the median Fisher household income of $38,750; at that income and 20% down, the 28% guideline points to a home of about $143,000.

20% down, 30-year conventional loan
Down payment$11,160
Loan amount$44,640
Principal and interest$300
Property taxes (0.65% a year)$30
Homeowners insurance (our estimate, 0.5% a year)$23
PMI$0
Total per month$354

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3.5% down, 30-year FHA loan
Down payment$1,953
Loan amount$54,789
Principal and interest$369
Property taxes (0.65% a year)$30
Homeowners insurance (our estimate, 0.5% a year)$23
FHA mortgage insurance$25
Total per month$447

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Questions about home buying in Fisher

What is the median home value in Fisher?

About $55,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Fisher?

Homeowners pay a median $364 a year, which is about 0.65% 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 Fisher?

For the median home with 20% down at 7.11%, the payment is about $354 a month. Keeping that under 28% of gross income takes about $15,162 a year.

More about Fisher

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