Total monthly cost of ownership
Cost to Own a Home in Cedarville, Arkansas
A $158,000 home here costs
$1,374per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $59,000 a year.
A standard mortgage calculator would have told you $861. The real number is $513 higher every month, 60% more than the payment most buyers budget for.
Compare Crawford County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Cedarville from a five-year rolling sample, and with about 1,750 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Crawford County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cedarville against Crawford County and Arkansas
| Measure | Cedarville | Crawford County |
|---|---|---|
| Median home value | $158,100 | $170,000 |
| Median property tax | $536 | $904 |
| Effective tax rate | 0.339% | 0.532% |
| Median gross rent | $1,082 | $828 |
| Population | 1,750 | 60,792 |
The weather behind that power bill
Cedarville sits in Crawford County, which averages a high of 91.6°F in its hottest month and a low of 25.8°F in its coldest, with 53.42" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,586 cooling and 3,733 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Crawford County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Crawford County
Full Crawford County cost breakdown · Every county in Arkansas
Talk to someone who works this market
These are Cedarville averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Cedarville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cedarville I already own here and may sell
Common questions
How much does it cost to own a home in Cedarville?
A $158,000 home in Cedarville, Arkansas costs approximately $1,374 per month with 20% down at 7.24%. That is $861 principal and interest, $45 property tax, $118 homeowners insurance, $219 utilities and $132 set aside for maintenance.
What is the property tax rate in Cedarville?
Cedarville has an effective property tax rate of 0.339%, based on a median home value of $158,100 and median real estate taxes of $536. That is lower than the Crawford County average of 0.532%.
What is the average home price in Cedarville?
The median owner-occupied home value in Cedarville, Arkansas is $158,100, against $170,000 across Crawford County.
Is it cheaper to rent or buy in Cedarville?
Median gross rent in Cedarville is $1,082 a month, against $1,374 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Cedarville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cedarville, Arkansas at today's rate takes a household income of roughly $59,000 a year. That covers the full $1,374 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cedarville, 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.