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Buying a home in Winslow, Arkansas

The typical owner-occupied home in Winslow is worth about $172,200, 8% below the Arkansas median of $188,000 and 48% below the national median of $332,700. Owners pay a median $690 a year in property taxes, about 0.40% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $42,292 a year, so the median home costs 4.1 times the median income (3.1 times for Arkansas). 83% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.

Winslow at a glance

Winslow Arkansas U.S.
Median home value $172,200 $188,000 $332,700
Median property tax paid per year $690 $1,040 $3,119
Property tax as a share of value 0.40% 0.55% 0.94%
Median household income $42,292 $60,773 $80,734
Homes lived in by their owners 83% 66% 65%
Owner homes with a mortgage 39% 53% 61%
Median monthly costs, owners with a mortgage $950 $1,345 $1,963
Those costs as a share of the owners' income 19.6% 18.5% 21.0%
Median rent $525 $947 $1,413
Rent as a share of renters' income 17.5% 27.6% 30.6%
Median year homes were built 1963 1987 1980
Vacant homes 26.6% 13.5% 10.1%
Population 291 3,049,391 334,922,499

What a typical home costs per month in Winslow

At this week's average 30-year rate of 7.11%, buying the median Winslow home of $172,200 with 20% down costs about $1,056 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,343, 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 $45,252 for the 20%-down payment. That payment is 30% of the median Winslow household income of $42,292; at that income and 20% down, the 28% guideline points to a home of about $161,000.

The median rent here is $525 a month, so owning the median home costs about $531 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$34,440
Loan amount$137,760
Principal and interest$927
Property taxes (0.40% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$72
PMI$0
Total per month$1,056

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3.5% down, 30-year FHA loan
Down payment$6,027
Loan amount$169,081
Principal and interest$1,137
Property taxes (0.40% a year)$57
Homeowners insurance (our estimate, 0.5% a year)$72
FHA mortgage insurance$76
Total per month$1,343

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Questions about home buying in Winslow

What is the median home value in Winslow?

About $172,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Winslow?

Homeowners pay a median $690 a year, which is about 0.40% 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 Winslow?

For the median home with 20% down at 7.11%, the payment is about $1,056 a month. Keeping that under 28% of gross income takes about $45,252 a year.

More about Winslow

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