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Ratcliff, AR Real Estate


According to census data in the year 2000 there were 94 housing units in Ratcliff. This represents a 19% growth from 79 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.

Homeownership rate in Ratcliff is about 81.7%. Ratcliff's vacancy rate, including seasonal lodging, is about 12.8%. Average household size is 2.26 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.30%
Two Bedrooms42.60%
Three Bedrooms52.10%
Four Bedrooms1.10%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1972
Median Value of occupied units$47,500
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1948

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan0%
Simple Mortgage32.50%
Debt Free60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs13.3%