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Caraway, AR Real Estate


According to census data in the year 2000 there were 605 housing units in Caraway. This represents a 21% growth from 500 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 605 were located in what is classified as a rural area.

Homeownership rate in Caraway is about 67%. Caraway's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Caraway were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.70%
Two Bedrooms38%
Three Bedrooms46.40%
Four Bedrooms4.80%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1969
Median Value of occupied units$38,600
Median Price asked for vacant units$30,000

Rented Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1969
Median Monthly Rent asked for vacant units$196

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan4.30%
Simple Mortgage47.20%
Debt Free41%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%