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El Dorado, AR Real Estate


According to census data in the year 2000 there were 9,915 housing units in El Dorado. This represents a 3.4% decline from 10,269 in 1990.

Of those housing units, 9,608 were located in either urbanized areas or urban clusters, and 307 were located in what is classified as a rural area.

Homeownership rate in El Dorado is about 60.5%. El Dorado's vacancy rate, including seasonal lodging, is about 12.2%. Average household size is 2.39 people.

The majority of houses, apartments or condos in El Dorado were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom11.60%
Two Bedrooms35%
Three Bedrooms43.80%
Four Bedrooms7.40%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1960
Median Value of occupied units$55,400
Median Price asked for vacant units$26,000

Rented Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1965
Median Monthly Rent asked for vacant units$267

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan3.70%
Simple Mortgage41.80%
Debt Free50.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%