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Buying a home in Beebe, Arkansas

The typical owner-occupied home in Beebe is worth about $158,200, 16% below the Arkansas median of $188,000 and 52% below the national median of $332,700. Owners pay a median $643 a year in property taxes, about 0.41% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $59,476 a year, so the median home costs 2.7 times the median income (3.1 times for Arkansas). 62% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.

Beebe at a glance

Beebe Arkansas U.S.
Median home value $158,200 $188,000 $332,700
Median property tax paid per year $643 $1,040 $3,119
Property tax as a share of value 0.41% 0.55% 0.94%
Median household income $59,476 $60,773 $80,734
Homes lived in by their owners 62% 66% 65%
Owner homes with a mortgage 60% 53% 61%
Median monthly costs, owners with a mortgage $1,103 $1,345 $1,963
Those costs as a share of the owners' income 15.1% 18.5% 21.0%
Median rent $799 $947 $1,413
Rent as a share of renters' income 26.3% 27.6% 30.6%
Median year homes were built 1999 1987 1980
Vacant homes 9.7% 13.5% 10.1%
Population 8,707 3,049,391 334,922,499

What a typical home costs per month in Beebe

At this week's average 30-year rate of 7.11%, buying the median Beebe home of $158,200 with 20% down costs about $971 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,235, 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 $41,629 for the 20%-down payment. That payment is 20% of the median Beebe household income of $59,476; at that income and 20% down, the 28% guideline points to a home of about $226,000.

The median rent here is $799 a month, so owning the median home costs about $172 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$31,640
Loan amount$126,560
Principal and interest$851
Property taxes (0.41% a year)$54
Homeowners insurance (our estimate, 0.5% a year)$66
PMI$0
Total per month$971

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3.5% down, 30-year FHA loan
Down payment$5,537
Loan amount$155,335
Principal and interest$1,045
Property taxes (0.41% a year)$54
Homeowners insurance (our estimate, 0.5% a year)$66
FHA mortgage insurance$70
Total per month$1,235

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Questions about home buying in Beebe

What is the median home value in Beebe?

About $158,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Beebe?

Homeowners pay a median $643 a year, which is about 0.41% 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 Beebe?

For the median home with 20% down at 7.11%, the payment is about $971 a month. Keeping that under 28% of gross income takes about $41,629 a year.

More about Beebe

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