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Buying a home in Belleville, Arkansas

The typical owner-occupied home in Belleville is worth about $105,400, 44% below the Arkansas median of $188,000 and 68% below the national median of $332,700. Owners pay a median $347 a year in property taxes, about 0.33% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $66,401 a year, so the median home costs 1.6 times the median income (3.1 times for Arkansas). 51% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.

Belleville at a glance

Belleville Arkansas U.S.
Median home value $105,400 $188,000 $332,700
Median property tax paid per year $347 $1,040 $3,119
Property tax as a share of value 0.33% 0.55% 0.94%
Median household income $66,401 $60,773 $80,734
Homes lived in by their owners 51% 66% 65%
Owner homes with a mortgage 44% 53% 61%
Median monthly costs, owners with a mortgage $1,315 $1,345 $1,963
Those costs as a share of the owners' income 16.8% 18.5% 21.0%
Median rent $738 $947 $1,413
Rent as a share of renters' income 14.8% 27.6% 30.6%
Median year homes were built 1971 1987 1980
Vacant homes 18.2% 13.5% 10.1%
Population 517 3,049,391 334,922,499

What a typical home costs per month in Belleville

At this week's average 30-year rate of 7.11%, buying the median Belleville home of $105,400 with 20% down costs about $640 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $816, 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 $27,434 for the 20%-down payment. That payment is 12% of the median Belleville household income of $66,401; at that income and 20% down, the 28% guideline points to a home of about $255,000.

The median rent here is $738 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$21,080
Loan amount$84,320
Principal and interest$567
Property taxes (0.33% a year)$29
Homeowners insurance (our estimate, 0.5% a year)$44
PMI$0
Total per month$640

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3.5% down, 30-year FHA loan
Down payment$3,689
Loan amount$103,491
Principal and interest$696
Property taxes (0.33% a year)$29
Homeowners insurance (our estimate, 0.5% a year)$44
FHA mortgage insurance$47
Total per month$816

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Questions about home buying in Belleville

What is the median home value in Belleville?

About $105,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Belleville?

Homeowners pay a median $347 a year, which is about 0.33% 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 Belleville?

For the median home with 20% down at 7.11%, the payment is about $640 a month. Keeping that under 28% of gross income takes about $27,434 a year.

More about Belleville

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