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Elm Springs, AR Real Estate


According to census data in the year 2000 there were 413 housing units in Elm Springs. This represents a 17.7% growth from 351 in 1990.

Of those housing units, 33 were located in either urbanized areas or urban clusters, and 380 were located in what is classified as a rural area.

Homeownership rate in Elm Springs is about 73.2%. Elm Springs's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Elm Springs were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom4.80%
Two Bedrooms23.50%
Three Bedrooms57.40%
Four Bedrooms11.40%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1979
Median Value of occupied units$115,900
Median Price asked for vacant units$128,100

Rented Homes, Apartments and Condos

Average Household Size3.05
Median year structure was built1974
Median Monthly Rent asked for vacant units$444

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan2%
Simple Mortgage58.40%
Debt Free35.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%