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Russellville, AR Real Estate


According to census data in the year 2000 there were 10,214 housing units in Russellville. This represents a 18% growth from 8,653 in 1990.

Of those housing units, 9,708 were located in either urbanized areas or urban clusters, and 506 were located in what is classified as a rural area.

Homeownership rate in Russellville is about 56.7%. Russellville's vacancy rate, including seasonal lodging, is about 9.2%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Russellville were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom11.80%
Two Bedrooms30%
Three Bedrooms44.90%
Four Bedrooms10%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1978
Median Value of occupied units$74,100
Median Price asked for vacant units$64,900

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1980
Median Monthly Rent asked for vacant units$301

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan1.60%
Simple Mortgage59.60%
Debt Free33.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%