How much do homeowners pay a month in Green Forest, AR?
Homeowners with a mortgage in Green Forest, AR pay a median of $1,152 (±$88) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $371 (±$33).
56.2% of owned homes carry a mortgage.
In Green Forest, the median monthly cost with a mortgage went from $845 in 2015–2019 to $1,152 in 2020–2024 (+36.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,152 (±$88)
- Without a mortgage
- $371 (±$33)
- Owned with a mortgage
- 56.2%
Monthly owner costs in Green Forest
| Green Forest | Carroll County | Arkansas | United States | |
|---|---|---|---|---|
| With a mortgage | $1,152 (±$88) | $1,342 (±$81) | $1,345 (±$9) | $1,963 |
| Without a mortgage | $371 (±$33) | $428 (±$22) | $437 (±$3) | $638 |
| Owned homes with a mortgage | 56.2% (±14.7 points) | 47.3% (±4.2 points) | 52.8% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $683 (±$118) | $1,082 (±$103) | $1,040 (±$13) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Green Forest, the median cost with a mortgage is lower than in Carroll County ($1,342).
It is also lower than in Arkansas ($1,345).
It is lower than the national figure ($1,963).
In Carroll County, Green Forest ranks 5 of 6 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 155 of 446.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Green Forest have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $845 (±$48) | $1,152 (±$88) | +36.3% | Up after inflation |
| Median real estate taxes | $474 (±$73) | $683 (±$118) | +44.1% | No measurable change after inflation |
| Median home value | $86,600 (±$9,907) | $143,200 (±$20,906) | +65.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Green Forest
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Green Forest | — | $1,152 (±$88) | — |
| Alpena | 7.7 mi | $950 (±$241) | Not measurably different |
| Berryville | 8.0 mi | $1,277 (±$100) | Not measurably different |
| Oak Grove | 9.4 mi | $1,028 (±$213) | Not measurably different |
| Blue Eye | 13 mi | $957 (±$27) | Lower |
| Omaha | 16 mi | $880 (±$103) | Lower |
| Arrow Point | 18 mi | $1,021 (±$122) | Not measurably different |
| Coney Island | 18 mi | $1,406 (±$761) | Not measurably different |
| Eureka Springs | 18 mi | $1,239 (±$286) | Not measurably different |
Nearby places with a measurably lower figure: Blue Eye, MO ($957), Omaha, AR ($880).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Carroll County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Beaver | $1,500 (±$671) |
| 2 | Holiday Island | $1,382 (±$92) |
| 3 | Berryville | $1,277 (±$100) |
| 4 | Eureka Springs | $1,239 (±$286) |
| 5 | Green Forest | $1,152 (±$88) |
| 6 | Oak Grove | $1,028 (±$213) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Green Forest
What is the average mortgage payment in Green Forest?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Green Forest, AR is $1,152 (±$88) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Green Forest?
Owners without a mortgage in Green Forest pay a median of $371 (±$33) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Green Forest gone up?
In Green Forest, the median monthly cost with a mortgage went from $845 in 2015–2019 to $1,152 in 2020–2024 (+36.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Green Forest city, Arkansas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Green Forest city, Arkansas
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Green Forest city, Arkansas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Green Forest city, Arkansas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Green Forest city, Arkansas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Green Forest city, Arkansas (place:28600, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Green Forest at a glance
- Median rent in Green Forest
- Rent by bedrooms in Green Forest
- Renters and owners in Green Forest
- Income and affordability in Green Forest
- Home values in Green Forest
- Property taxes in Green Forest
- Types of homes in Green Forest
- Bedrooms in Green Forest
- Age of homes in Green Forest
- Heating fuel in Green Forest
- Commute and cars in Green Forest
- Crime reported to police in Green Forest
- Population growth in Green Forest
- How long people stay in Green Forest
- Arkansas landlord and tenant rules
- Housing across Carroll County
- Housing data for every place in Arkansas