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Cotter, AR Real Estate


According to census data in the year 2000 there were 500 housing units in Cotter. This represents a 15.2% growth from 434 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 500 were located in what is classified as a rural area.

Homeownership rate in Cotter is about 67.4%. Cotter's vacancy rate, including seasonal lodging, is about 11%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Cotter were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom16.20%
Two Bedrooms39.60%
Three Bedrooms35.80%
Four Bedrooms5.60%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1957
Median Value of occupied units$63,100
Median Price asked for vacant units$53,300

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1971
Median Monthly Rent asked for vacant units$378

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan0.70%
Simple Mortgage47.20%
Debt Free48.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%