Total monthly cost of ownership
Cost to Own a Home in Ash Flat, Arkansas
A $87,000 home here costs
$822per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $447. The real number is $375 higher every month — 84% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ash Flat against Sharp County and Arkansas
| Measure | Ash Flat | Sharp County |
|---|---|---|
| Median home value | $87,200 | $94,600 |
| Median property tax | $486 | $548 |
| Effective tax rate | 0.557% | 0.579% |
| Median gross rent | $783 | $648 |
| Population | 1,309 | 17,597 |
Ash Flat extends across 2 counties. Figures here use Sharp County, where most of its housing sits.
The weather behind that power bill
Ash Flat sits in Sharp County, which averages a high of 89.4°F in its hottest month and a low of 26.3°F in its coldest, with 51.44" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,560 cooling and 3,945 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Sharp County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sharp County
Common questions
How much does it cost to own a home in Ash Flat?
A $87,000 home in Ash Flat, Arkansas costs approximately $822 per month with 20% down at 6.66%. That is $447 principal and interest, $40 property tax, $65 homeowners insurance, $197 utilities and $73 set aside for maintenance.
What is the property tax rate in Ash Flat?
Ash Flat has an effective property tax rate of 0.557%, based on a median home value of $87,200 and median real estate taxes of $486. That is lower than the Sharp County average of 0.579%.
What is the average home price in Ash Flat?
The median owner-occupied home value in Ash Flat, Arkansas is $87,200, against $94,600 across Sharp County.
Is it cheaper to rent or buy in Ash Flat?
Median gross rent in Ash Flat is $783 a month, against $822 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ash Flat — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Arkansas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.