Gravette, AR Real Estate
According to census data in the year 2000 there were 813 housing units in Gravette.
This represents a 32.6% growth from 613 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 813 were located in what is classified as a rural area.
Homeownership rate in Gravette is about 57.5%.
Gravette's vacancy rate, including seasonal lodging, is about 11.2%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Gravette were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 13.40% |
| Two Bedrooms | 31.60% |
| Three Bedrooms | 47.50% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $65,300 |
| Median Price asked for vacant units | $53,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 56.20% |
| Debt Free | 31.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
