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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 Type1.20%
One Bedroom2.30%
Two Bedrooms16.50%
Three Bedrooms72.10%
Four Bedrooms6.50%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1979
Median Value of occupied units$73,000
Median Price asked for vacant units$70,600

Rented Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1978
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage3.60%
Home Equity Loan3.60%
Simple Mortgage73.10%
Debt Free19.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%