Hot Springs Village, AR Real Estate
According to census data in the year 2000 there were 5,095 housing units in Hot Springs Village.
This represents a 35.5% growth from 3,761 in 1990.
Of those housing units, 3,566 were located in either urbanized areas or urban clusters, and 1,529 were located in what is classified as a rural area.
Homeownership rate in Hot Springs Village is about 88.4%.
Hot Springs Village's vacancy rate, including seasonal lodging, is about 15.5%.
Average household size is 1.95 people.
The majority of houses, apartments or condos in Hot Springs Village were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 1.20% |
| Two Bedrooms | 38.70% |
| Three Bedrooms | 53.70% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $132,000 |
| Median Price asked for vacant units | $106,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.54 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $542 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 37.80% |
| Debt Free | 56.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.6% |
