The typical owner-occupied home in Marked Tree is worth about $96,200, 49% below the Arkansas median of $188,000 and 71% below the national median of $332,700. Owners pay a median $657 a year in property taxes, about 0.68% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $45,656 a year, so the median home costs 2.1 times the median income (3.1 times for Arkansas). 54% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.
Marked Tree at a glance
| Marked Tree | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $96,200 | $188,000 | $332,700 |
| Median property tax paid per year | $657 | $1,040 | $3,119 |
| Property tax as a share of value | 0.68% | 0.55% | 0.94% |
| Median household income | $45,656 | $60,773 | $80,734 |
| Homes lived in by their owners | 54% | 66% | 65% |
| Owner homes with a mortgage | 27% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $789 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 10.7% | 18.5% | 21.0% |
| Median rent | $565 | $947 | $1,413 |
| Rent as a share of renters' income | 24.9% | 27.6% | 30.6% |
| Median year homes were built | 1971 | 1987 | 1980 |
| Vacant homes | 23.5% | 13.5% | 10.1% |
| Population | 2,249 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Marked Tree
At this week's average 30-year rate of 7.11%, buying the median Marked Tree home of $96,200 with 20% down costs about $612 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $773, 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 $26,242 for the 20%-down payment. That payment is 16% of the median Marked Tree household income of $45,656; at that income and 20% down, the 28% guideline points to a home of about $167,000.
The median rent here is $565 a month, so owning the median home costs about $47 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $19,240 |
|---|---|
| Loan amount | $76,960 |
| Principal and interest | $518 |
| Property taxes (0.68% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $612 |
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| Down payment | $3,367 |
|---|---|
| Loan amount | $94,458 |
| Principal and interest | $635 |
| Property taxes (0.68% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $43 |
| Total per month | $773 |
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Questions about home buying in Marked Tree
What is the median home value in Marked Tree?
About $96,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Marked Tree?
Homeowners pay a median $657 a year, which is about 0.68% 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 Marked Tree?
For the median home with 20% down at 7.11%, the payment is about $612 a month. Keeping that under 28% of gross income takes about $26,242 a year.
More about Marked Tree
- Mortgage Refinance in Marked Tree
- Debt Relief in Marked Tree
- Home Equity Loans in Marked Tree
- 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