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Manila, AR Real Estate


According to census data in the year 2000 there were 1,308 housing units in Manila. This represents a 15.4% growth from 1,133 in 1990.

Of those housing units, 1,241 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.

Homeownership rate in Manila is about 70.2%. Manila's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.47 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom7.30%
Two Bedrooms38.70%
Three Bedrooms48.10%
Four Bedrooms4.20%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1973
Median Value of occupied units$51,600
Median Price asked for vacant units$23,100

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1972
Median Monthly Rent asked for vacant units$181

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan2.20%
Simple Mortgage50.10%
Debt Free45.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%