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Pea Ridge, AR Real Estate


According to census data in the year 2000 there were 948 housing units in Pea Ridge. This represents a 48.6% growth from 638 in 1990.

Of those housing units, 712 were located in either urbanized areas or urban clusters, and 236 were located in what is classified as a rural area.

Homeownership rate in Pea Ridge is about 78.7%. Pea Ridge's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Pea Ridge were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom3%
Two Bedrooms31.20%
Three Bedrooms59.80%
Four Bedrooms5.50%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1978
Median Value of occupied units$76,700
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1974
Median Monthly Rent asked for vacant units$394

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.20%
Home Equity Loan3.40%
Simple Mortgage53.30%
Debt Free34.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%