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Horatio, AR Real Estate


According to census data in the year 2000 there were 435 housing units in Horatio. This represents a 14.2% growth from 381 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 435 were located in what is classified as a rural area.

Homeownership rate in Horatio is about 68.4%. Horatio's vacancy rate, including seasonal lodging, is about 14.3%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Horatio were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom12.60%
Two Bedrooms35.90%
Three Bedrooms46.20%
Four Bedrooms4.60%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1969
Median Value of occupied units$45,400
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1980
Median Monthly Rent asked for vacant units$257

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.40%
Home Equity Loan1.10%
Simple Mortgage42.10%
Debt Free49.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%