The typical owner-occupied home in Concord is worth about $111,700, 41% below the Arkansas median of $188,000 and 66% below the national median of $332,700. The median household earns $41,250 a year, so the median home costs 2.7 times the median income (3.1 times for Arkansas). 89% of occupied homes here are lived in by their owners, and 7% of those owners still have a mortgage.
Concord at a glance
| Concord | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $111,700 | $188,000 | $332,700 |
| Median property tax paid per year | – | $1,040 | $3,119 |
| Median household income | $41,250 | $60,773 | $80,734 |
| Homes lived in by their owners | 89% | 66% | 65% |
| Owner homes with a mortgage | 7% | 53% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,345 | $1,963 |
| Median rent | – | $947 | $1,413 |
| Median year homes were built | 1978 | 1987 | 1980 |
| Vacant homes | 22.9% | 13.5% | 10.1% |
| Population | 130 | 3,049,391 | 334,922,499 |
How much equity Concord owners could borrow
Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Concord home of $111,700, 80% is $89,360.
93% of Concord owners have no mortgage at all, so they could borrow up to the full 80% limit.
If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.
| Owe nothing | $89,360 to $94,945 |
|---|---|
| Owe $27,925 | $61,435 to $67,020 |
| Owe $55,850 | $33,510 to $39,095 |
| Owe $72,605 | $16,755 to $22,340 |
Before the lender's own limits, fees and your credit and income checks.
Change the numbers in the calculator
Questions about home equity loans in Concord
What is the median home value in Concord?
About $111,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much can I borrow against my home in Concord?
Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $111,700, an 80% limit is $89,360 before subtracting your mortgage.
More about Concord
- Mortgage Refinance in Concord
- Home Buying in Concord
- Debt Relief in Concord
- 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