Phillips County, Arkansas home prices
Typical home $46,192 · -4.1% in a year · property tax 0.81%
The typical home in Phillips County is worth $46,192, 79% less than the Arkansas typical home ($224,158). Values changed -4.1% in the past year and -22.5% over five years. Homeowners here pay a median 0.81% of their home's value in property tax each year ($376 on the typical home), versus 0.5% statewide.
Mortgage on the typical Phillips County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $9,238 | $36,954 | $249 | $0 | $54 | $303 | $13,000 |
| 10% down | $4,619 | $41,573 | $280 | $17 | $54 | $351 | $15,100 |
| 5% down | $2,310 | $43,882 | $295 | $18 | $54 | $368 | $15,800 |
| 3.5% down (FHA) | $1,617 | $45,355 | $305 | $20 | $54 | $380 | $16,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.81% 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 Helena metro area.
Arkansas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Saint Francis County | $77,401 | -2.1% | 0.47% |
| Jefferson County | $81,305 | -3.7% | 0.66% |
| Ashley County | $83,693 | +3.5% | 0.6% |
| Woodruff County | $86,695 | +1.8% | 0.56% |
| Monroe County | $88,576 | -2.6% | 0.51% |
| Lafayette County | $89,192 | +0.3% | 0.61% |
| Lee County | $95,565 | -10.6% | 0.46% |
| Chicot County | $95,793 | -8.8% | 0.49% |
| Jackson County | $96,371 | -6.0% | 0.57% |
| Desha County | $96,589 | -3.3% | 0.54% |
Frequently asked questions
What is the average home price in Phillips County, AR?
The typical home value in Phillips County is $46,192 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Phillips County?
About $13,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Phillips County?
The median effective rate is 0.81% of home value a year (Census ACS 2024 5-year estimates).