Little Rock, AR Real Estate
According to census data in the year 2000 there were 84,888 housing units in Little Rock.
This represents a 4.8% growth from 80,995 in 1990.
Of those housing units, 82,784 were located in either urbanized areas or urban clusters, and 2,104 were located in what is classified as a rural area.
Homeownership rate in Little Rock is about 57.5%.
Little Rock's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in Little Rock were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 15.50% |
| Two Bedrooms | 29% |
| Three Bedrooms | 39.90% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $89,300 |
| Median Price asked for vacant units | $71,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $428 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 61.20% |
| Debt Free | 28.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
