Total monthly cost of ownership
Cost to Own a Home in Berryville, Arkansas
A $154,000 home here costs
$1,307per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $792. The real number is $515 higher every month — 65% 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.
Berryville against Carroll County and Arkansas
| Measure | Berryville | Carroll County |
|---|---|---|
| Median home value | $153,500 | $186,300 |
| Median property tax | $892 | $980 |
| Effective tax rate | 0.581% | 0.526% |
| Median gross rent | $798 | $818 |
| Population | 5,715 | 28,526 |
The weather behind that power bill
Berryville sits in Carroll County, which averages a high of 89.1°F in its hottest month and a low of 27.2°F in its coldest, with 44.5" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,475 cooling and 3,883 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Carroll County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carroll County
Full Carroll County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in Berryville?
A $154,000 home in Berryville, Arkansas costs approximately $1,307 per month with 20% down at 6.66%. That is $792 principal and interest, $75 property tax, $115 homeowners insurance, $197 utilities and $128 set aside for maintenance.
What is the property tax rate in Berryville?
Berryville has an effective property tax rate of 0.581%, based on a median home value of $153,500 and median real estate taxes of $892. That is higher than the Carroll County average of 0.526%.
What is the average home price in Berryville?
The median owner-occupied home value in Berryville, Arkansas is $153,500, against $186,300 across Carroll County.
Is it cheaper to rent or buy in Berryville?
Median gross rent in Berryville is $798 a month, against $1,307 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 Berryville — 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.