Cave Springs, AR Real Estate
According to census data in the year 2000 there were 433 housing units in Cave Springs.
This represents a 135.3% growth from 184 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 433 were located in what is classified as a rural area.
Homeownership rate in Cave Springs is about 82.7%.
Cave Springs's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Cave Springs were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 7.90% |
| Two Bedrooms | 20.60% |
| Three Bedrooms | 60% |
| Four Bedrooms | 6.70% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $103,000 |
| Median Price asked for vacant units | $73,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $613 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 55.30% |
| Debt Free | 29.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
