Gravette, AR Real Estate

According to census data in the year 2000 there were 813 housing units in Gravette. This represents a 32.6% growth from 613 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 813 were located in what is classified as a rural area.

Homeownership rate in Gravette is about 57.5%. Gravette's vacancy rate, including seasonal lodging, is about 11.2%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Gravette were built after 1973.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom13.40%
Two Bedrooms31.60%
Three Bedrooms47.50%
Four Bedrooms6.40%
Five Bedrooms or more0.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1972
Median Value of occupied units$65,300
Median Price asked for vacant units$53,000

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1976
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.60%
Home Equity Loan5.80%
Simple Mortgage56.20%
Debt Free31.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%