Norfork, AR Real Estate
According to census data in the year 2000 there were 277 housing units in Norfork.
This represents a 45.8% growth from 190 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 277 were located in what is classified as a rural area.
Homeownership rate in Norfork is about 86.7%.
Norfork's vacancy rate, including seasonal lodging, is about 23.8%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Norfork were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 7.90% |
| Two Bedrooms | 52.30% |
| Three Bedrooms | 33.90% |
| Four Bedrooms | 3.60% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $76,200 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 1.50% |
| Simple Mortgage | 38.60% |
| Debt Free | 56.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
