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Witts Springs

Learn about the people, housing, costs and businesses in Witts Springs, Arkansas

Median Home$125,400
Median Rent$525/month
Population30
Leading IndustriesRetail · Finance & Insurance21% retail
Home Value Growth⬆⬆+14.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners92% of occupied units
NotableAffordable Market$125k median home · lower cost than 82% of the country
Witts Springs
AR

Frequently Asked Questions

What are today's mortgage rates in Witts Springs?

As of today, the 30-year fixed mortgage rate for Witts Springs is approximately 6.973% (7.012% 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 Witts Springs?

The median home value in Witts Springs is $125k. The median monthly rent is $525. Annual property taxes average $556. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Witts Springs?

Home values in Witts Springs 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 Witts Springs?

Based on a typical all-in ownership cost of $395/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Witts Springs is $47k/year.

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What industries drive the economy in Witts Springs?

The largest employment sectors in Witts Springs are retail (21%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.