Forrest City, AR home prices
Typical home $77,402 · -2.1% in a year · income needed $20,800
The Forrest City, AR metro area ranks 891 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -2.1% in a year and -7.0% over five years. With 20% down at 7.11%, the typical home costs about $485 a month including 0.47% property tax (Saint Francis County rate).
Mortgage on the typical Forrest City home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $15,480 | $61,922 | $417 | $0 | $69 | $485 | $20,800 |
| 10% down | $7,740 | $69,662 | $469 | $29 | $69 | $567 | $24,300 |
| 5% down | $3,870 | $73,532 | $495 | $31 | $69 | $594 | $25,500 |
| 3.5% down (FHA) | $2,709 | $76,000 | $511 | $34 | $69 | $614 | $26,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.47% 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.
Counties in the Forrest City area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Saint Francis County, AR | $77,401 | -2.1% | 0.47% |
What can you afford in Arkansas on your salary? · Arkansas home prices · Salaries in Arkansas
Frequently asked questions
How much is a house in Forrest City?
The typical home in the Forrest City, AR metro area is worth $77,402 (Zillow, September 2026).
What salary do you need to buy a house in Forrest City?
About $20,800 a year for the typical home with 20% down at 7.11%.