Property tax, transfer tax and closing costs in Arkansas

Arkansas: Real property transfer tax of $3.30 per $1,000 of consideration, or fraction thereof, on transfers over $100. Countywide reappraisal every three or five years depending on the county, with a statewide reappraisal schedule set by the Assessment Coordination Division.

Reviewed October 15, 2026. Every line links its statute or official source.

What Arkansas sets

Transfer tax: Real property transfer tax of $3.30 per $1,000 of consideration, or fraction thereof, on transfers over $100. Source: dfa.arkansas.gov
Who customarily pays: Not stated. No official source confirmed this yet.
Local transfer taxes: Not stated. No official source confirmed this yet.
Reassessment cycle: Countywide reappraisal every three or five years depending on the county, with a statewide reappraisal schedule set by the Assessment Coordination Division. Source: arkansasassessment.com
Homestead and other exemptions: Homestead property tax credit of up to $500 (raised to $600 for 2025) on a principal residence, and a 5% annual cap on assessed value increases for a homestead. Source: arkansasassessment.com
Owner’s title policy: Not stated. No official source confirmed this yet.
How closings run: Not stated. No official source confirmed this yet.
Survey: Not stated. No official source confirmed this yet.
Other closing customs: Not stated. No official source confirmed this yet.

Arkansas transfer tax on a $188,000 sale

State real property transfer taxpayer not stated$620.40$188,000 ÷ $1,000 = 188 units (rounded up for any fraction) × $3.30 = $620.40

payer not stated: $620.40
Total transfer tax: $620.40

Statutory transfer taxes on a $188,000 sale, as of the reviewed date. Who pays is custom and contract outside the statute’s primary liability. Local taxes described above are not in this figure unless listed as a line. Recording fees, title and attorney charges are separate.

Open the Arkansas transfer tax calculator, with a link to share and an embed for your site.

Typical property tax in Arkansas

Median real-estate tax paid: $1,040 a year
Per month: $87
Median owner-occupied home value: $188,000
Effective rate they imply: 0.55%

Census American Community Survey five-year file, 2020-2024, tables B25103 and B25077, owner-occupied homes. The median bill rose 30% against the 2015-2019 file. An estimate for a typical home, not yours. Your bill depends on the parcel, its exemptions and the next reassessment.

For agents

Your buyers ask what closing costs in Arkansas and who pays. This page answers from the statute, with the date it was checked. Send it, or embed the calculator on your own site.

Ike lets a licensed real estate agent originate the mortgage on the deals they already close. Expected compensation is about 100 basis points per eligible funded loan once licensed and sponsored. Ike is preparing licenses state by state.

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One email when Arkansas rates, exemptions or transfer taxes change, and when the next reassessment lands.

Sources

Ike Mortgage LLC. NMLS ID pending. For licensing information, go to: www.nmlsconsumeraccess.org. Nothing on this page is a loan payment, rate, term or down payment, and nothing here is a Loan Estimate.