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Alma, AR Real Estate


According to census data in the year 2000 there were 1,646 housing units in Alma. This represents a 34.8% growth from 1,221 in 1990.

Of those housing units, 1,517 were located in either urbanized areas or urban clusters, and 129 were located in what is classified as a rural area.

Homeownership rate in Alma is about 60%. Alma's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Alma were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom9.40%
Two Bedrooms28.70%
Three Bedrooms50.50%
Four Bedrooms9.20%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1981
Median Value of occupied units$75,600
Median Price asked for vacant units$168,800

Rented Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1982
Median Monthly Rent asked for vacant units$295

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan1.10%
Simple Mortgage60.30%
Debt Free32.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%