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Buying a home in Vandervoort, Arkansas

The typical owner-occupied home in Vandervoort is worth about $110,000, 41% below the Arkansas median of $188,000 and 67% below the national median of $332,700. The median household earns $78,839 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 48% of those owners still have a mortgage.

Vandervoort at a glance

Vandervoort Arkansas U.S.
Median home value $110,000 $188,000 $332,700
Median property tax paid per year – $1,040 $3,119
Median household income $78,839 $60,773 $80,734
Homes lived in by their owners 95% 66% 65%
Owner homes with a mortgage 48% 53% 61%
Median monthly costs, owners with a mortgage $885 $1,345 $1,963
Those costs as a share of the owners' income 10.8% 18.5% 21.0%
Median rent – $947 $1,413
Median year homes were built 1974 1987 1980
Vacant homes 7.6% 13.5% 10.1%
Population 202 3,049,391 334,922,499

What a typical home costs per month in Vandervoort

At this week's average 30-year rate of 7.11%, buying the median Vandervoort home of $110,000 with 20% down costs about $739 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $922, 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 $31,656 for the 20%-down payment. That payment is 11% of the median Vandervoort household income of $78,839; at that income and 20% down, the 28% guideline points to a home of about $274,000.

20% down, 30-year conventional loan
Down payment$22,000
Loan amount$88,000
Principal and interest$592
Property taxes (1.10% a year)$101
Homeowners insurance (our estimate, 0.5% a year)$46
PMI$0
Total per month$739

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3.5% down, 30-year FHA loan
Down payment$3,850
Loan amount$108,008
Principal and interest$727
Property taxes (1.10% a year)$101
Homeowners insurance (our estimate, 0.5% a year)$46
FHA mortgage insurance$49
Total per month$922

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Questions about home buying in Vandervoort

What is the median home value in Vandervoort?

About $110,000 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 Vandervoort?

For the median home with 20% down at 7.11%, the payment is about $739 a month. Keeping that under 28% of gross income takes about $31,656 a year.

More about Vandervoort

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