Photo: Valis55 · CC BY-SA 4.0Homes in DeWitt cost about 1.4 years of local pay, but renters are stretched more than prices suggest
More affordable than 73% of U.S. towns, #36 of 123 in Arkansas. Down 0.9% in a year, 46% below the Arkansas typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of Arkansas County, AR ($53K). How TownRatings grades cost of living
Only 1 sale in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
In dollars, DeWitt is one of the least expensive places in Arkansas. But the grade compares costs with what households in the area earn, and Arkansas County incomes are lower too ($53K, against $74K for the typical U.S. town). Property tax takes 0.68% of a home’s value a year (Arkansas: 0.55%), and 60% of renters pay 30% or more of income for housing.
In dollars
- $121Ktypical home, 46% below the Arkansas typical homeZillow, September 2026
- $880a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 1.4 yrsof area income buys the typical home; the typical U.S. town: 3.3$53K, Arkansas County income
- 19%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 60%of renters pay 30%+ of income for housing; across Arkansas: 45%Census 2020–24
- 12%of owners do; the typical U.S. town: 20%Census 2020–24
What DeWitt’s housing numbers say
Prices are 10% below their 2022 peak
The typical DeWitt home peaked at $135K in January 2022 and is worth about $121K now. Across Arkansas, values are at or near their high. Over five years, DeWitt is down 5.1%. Price trend ↓
About two in three renters are stretched
60% of renter households spend 30% or more of their income on rent, against 45% across Arkansas. That’s despite a standard two-bedroom costing just 22% of the median household income, so renters here earn far less than the typical household. Renting ↓
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical DeWitt home runs about $700 a month with tax and insurance. A two-bedroom rents for about $880. Can I afford it? ↓
Fewer people, more homes
Between the 2010 and 2020 censuses, DeWitt lost 236 residents while 21 new homes were permitted. New homes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind DeWitt’s grade
Measured against what households in the area earn, DeWitt is more affordable than 73% of U.S. towns, #36 of 123 in Arkansas. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Values have lagged Arkansas: the typical DeWitt home is down 5.1% in five years, against 20.2% statewide (Zillow).
Down 5.1% in five years
Slower than Arkansas (20.2%).
Show as a table
| January | DeWitt | Arkansas |
|---|---|---|
| 2017 | $96,000 | $138,000 |
| 2018 | $94,000 | $143,000 |
| 2019 | $97,000 | $148,000 |
| 2020 | $107,000 | $154,000 |
| 2021 | $122,000 | $170,000 |
| 2022 | $135,000 | $194,000 |
| 2023 | $125,000 | $204,000 |
| 2024 | $117,000 | $209,000 |
| 2025 | $123,000 | $217,000 |
| 2026 | $120,000 | $221,000 |
| September 2026 | $121,000 | $224,000 |
A typical DeWitt home worth $97K in October 2016 is worth about $121K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 1.4 years of area income
The calculator starts from the area income the grade uses. Switch to DeWitt’s own median, or type yours.
That covers a typical DeWitt home, with $92K to spare.
A two-bedroom rents for about $880 a month here, $180 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, DeWitt’s typical property tax (0.68% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $880
Renters already here pay a median of $853.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Arkansas County, AR): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in DeWitt in 2025. That's 0.3 per 1,000 residents, slower than across Arkansas (7.6). Over the past 10 years, DeWitt has permitted 9 homes in all.
Between the 2010 and 2020 censuses, DeWitt's population fell by 236 even though 21 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Arkansas: 1.1 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $90,000 |
| 2025 | 1 | 1 | 0 | $90,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $50,000 |
| 2020 | 2 | 2 | 0 | $205,000 |
| 2019 | 2 | 2 | 0 | $850,000 |
| 2018 | 1 | 1 | 0 | $283,000 |
| 2017 | 2 | 2 | 0 | $109,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 1 | 1 | 0 | $300,000 |
| 2014 | 1 | 1 | 0 | $20,000 |
| 2013 | 1 | 1 | 0 | $90,000 |
| 2012 | 7 | 7 | 0 | $445,000 |
| 2011 | 1 | 1 | 0 | $95,000 |
| 2010 | 5 | 5 | 0 | $425,000 |
| 2009 | 1 | 1 | 0 | $85,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 3 | 3 | 0 | $520,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 7 | 7 | 0 | $337,000 |
| 2004 | 1 | 1 | 0 | $80,000 |
| 2003 | 1 | 1 | 0 | $60,000 |
| 2002 | 4 | 4 | 0 | $333,000 |
| 2001 | 3 | 3 | 0 | $315,000 |
| 2000 | 4 | 4 | 0 | $305,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Low tax bills, but a high tax rate
The median bill is $513, under the Arkansas median of $1,040, because homes cost less. As a share of value it’s 0.68% a year, against 0.55% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
DeWitt and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| DeWitt | B+ | $121K | $76K | 0.68% | $880 |
Questions about the cost of living in DeWitt
Is DeWitt expensive to live in?
Measured against what households in the area earn, DeWitt costs less than 73% of U.S. towns: a B+ for cost of living, #36 of 123 in Arkansas. The typical home costs 1.4 years of the median household income of Arkansas County, AR ($53K).
How much does a house cost in DeWitt?
About $121K, Zillow’s typical value for September 2026, down 0.9% in a year. The Arkansas typical home is $224K.
What salary do you need to live in DeWitt?
To buy the typical home with 20% down at 6.3%, about $30,000 a year, keeping the payment (about $700 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $35,000.
How much is rent in DeWitt?
HUD puts a two-bedroom at about $880 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $853 (Census 2020–24).
What are property taxes in DeWitt?
The median bill is $513 a year, 0.68% of the median home value (Arkansas: $1,040, 0.55%), from the Census 2020–24.
Are home prices in DeWitt going up?
No: down 0.9% in the past year and -5.1% in five years, against 20.2% across Arkansas (Zillow).
Neighbors talk housing
What DeWitt buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.