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Prattsville

Learn about the people, housing, costs and businesses in Prattsville, Arkansas

Median Home$111,800
Median Rent$786/month
Population327
Leading IndustriesRetail · Construction · Finance & Insurance23% retail
Home Value Growth⬆⬆+14.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
NotableAffordable Market$112k median home · lower cost than 88% of the country
Prattsville
AR

Frequently Asked Questions

What are today's mortgage rates in Prattsville?

As of today, the 30-year fixed mortgage rate for Prattsville is approximately 6.992% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Prattsville?

The median home value in Prattsville is $112k. The median monthly rent is $786. Annual property taxes average $608. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prattsville?

Home values in Prattsville have increased 14.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Prattsville?

Based on a typical all-in ownership cost of $598/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prattsville is $64k/year.

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What industries drive the economy in Prattsville?

The largest employment sectors in Prattsville are retail (23%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.