Elm Springs, AR Real Estate
According to census data in the year 2000 there were 413 housing units in Elm Springs.
This represents a 17.7% growth from 351 in 1990.
Of those housing units, 33 were located in either urbanized areas or urban clusters, and 380 were located in what is classified as a rural area.
Homeownership rate in Elm Springs is about 73.2%.
Elm Springs's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Elm Springs were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 4.80% |
| Two Bedrooms | 23.50% |
| Three Bedrooms | 57.40% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $115,900 |
| Median Price asked for vacant units | $128,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.05 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $444 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 2% |
| Simple Mortgage | 58.40% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
