Marvell, AR Real Estate
According to census data in the year 2000 there were 599 housing units in Marvell.
This represents a 4.5% decline from 627 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 599 were located in what is classified as a rural area.
Homeownership rate in Marvell is about 53.3%.
Marvell's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Marvell were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.70% |
| Two Bedrooms | 36.20% |
| Three Bedrooms | 49.20% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $39,500 |
| Median Price asked for vacant units | $13,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $208 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 1.10% |
| Simple Mortgage | 31.90% |
| Debt Free | 66.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
