Total monthly cost of ownership
Cost to Own a Home in Sweet Home, Arkansas
A $160,000 home here costs
$1,321per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $823. The real number is $498 higher every month — 61% 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.
Sweet Home against Pulaski County and Arkansas
| Measure | Sweet Home | Pulaski County |
|---|---|---|
| Median home value | $160,300 | $199,600 |
| Median property tax | $578 | $1,562 |
| Effective tax rate | 0.361% | 0.783% |
| Median gross rent | — | $1,036 |
| Population | 1,206 | 398,949 |
The weather behind that power bill
Sweet Home sits in Pulaski County, which averages a high of 91.7°F in its hottest month and a low of 30.9°F in its coldest, with 50.42" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,989 cooling and 3,165 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Pulaski County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pulaski County
Full Pulaski County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in Sweet Home?
A $160,000 home in Sweet Home, Arkansas costs approximately $1,321 per month with 20% down at 6.66%. That is $823 principal and interest, $48 property tax, $119 homeowners insurance, $197 utilities and $133 set aside for maintenance.
What is the property tax rate in Sweet Home?
Sweet Home has an effective property tax rate of 0.361%, based on a median home value of $160,300 and median real estate taxes of $578. That is lower than the Pulaski County average of 0.783%.
What is the average home price in Sweet Home?
The median owner-occupied home value in Sweet Home, Arkansas is $160,300, against $199,600 across Pulaski County.
Is it cheaper to rent or buy in Sweet Home?
Rent data is not published for Sweet Home at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sweet Home — 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.