Shannon Hills, AR Real Estate
According to census data in the year 2000 there were 781 housing units in Shannon Hills.
This represents a 26% growth from 620 in 1990.
Of those housing units, 779 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in Shannon Hills is about 82.2%.
Shannon Hills's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Shannon Hills were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 2.30% |
| Two Bedrooms | 16.50% |
| Three Bedrooms | 72.10% |
| Four Bedrooms | 6.50% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.61 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $73,000 |
| Median Price asked for vacant units | $70,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $344 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 3.60% |
| Simple Mortgage | 73.10% |
| Debt Free | 19.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
