Conway, AR Real Estate
According to census data in the year 2000 there were 17,286 housing units in Conway.
This represents a 70.5% growth from 10,139 in 1990.
Of those housing units, 16,312 were located in either urbanized areas or urban clusters, and 974 were located in what is classified as a rural area.
Homeownership rate in Conway is about 55%.
Conway's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Conway were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 11.40% |
| Two Bedrooms | 30.90% |
| Three Bedrooms | 43.20% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1988 |
| Median Value of occupied units | $99,900 |
| Median Price asked for vacant units | $125,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $430 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 62.60% |
| Debt Free | 24.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
