Faulkner County, Arkansas home prices
Typical home $256,178 · +2.8% in a year · property tax 0.54%
The typical home in Faulkner County is worth $256,178, 14% more than the Arkansas typical home ($224,158). Values changed +2.8% in the past year and +23.9% over five years. Homeowners here pay a median 0.54% of their home's value in property tax each year ($1,379 on the typical home), versus 0.5% statewide.
Mortgage on the typical Faulkner County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,236 | $204,942 | $1,379 | $0 | $243 | $1,622 | $69,500 |
| 10% down | $25,618 | $230,560 | $1,551 | $96 | $243 | $1,890 | $81,000 |
| 5% down | $12,809 | $243,369 | $1,637 | $101 | $243 | $1,982 | $84,900 |
| 3.5% down (FHA) | $8,966 | $251,538 | $1,692 | $113 | $243 | $2,048 | $87,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.54% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Arkansas · part of the Little Rock metro area.
Arkansas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Cleburne County | $257,633 | +2.7% | 0.45% |
| Saline County | $254,314 | +2.9% | 0.62% |
| Carroll County | $266,669 | +4.5% | 0.51% |
| Garland County | $243,734 | +0.5% | 0.48% |
| Madison County | $271,087 | +3.3% | 0.41% |
| Baxter County | $235,278 | +1.0% | 0.46% |
| Newton County | $235,171 | -2.8% | 0.38% |
| Boone County | $231,057 | +3.5% | 0.49% |
| Lonoke County | $230,061 | +4.7% | 0.63% |
| Marion County | $223,523 | -0.9% | 0.47% |
Frequently asked questions
What is the average home price in Faulkner County, AR?
The typical home value in Faulkner County is $256,178 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Faulkner County?
About $69,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Faulkner County?
The median effective rate is 0.54% of home value a year (Census ACS 2024 5-year estimates).