Prescott, AR Real Estate
According to census data in the year 2000 there were 1,642 housing units in Prescott.
This represents a 4.8% growth from 1,567 in 1990.
Of those housing units, 1,377 were located in either urbanized areas or urban clusters, and 265 were located in what is classified as a rural area.
Homeownership rate in Prescott is about 57.4%.
Prescott's vacancy rate, including seasonal lodging, is about 14.3%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Prescott were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 6.60% |
| Two Bedrooms | 41.40% |
| Three Bedrooms | 42.90% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $43,500 |
| Median Price asked for vacant units | $24,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $258 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 52.10% |
| Debt Free | 46.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
