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Norfork, AR Real Estate


According to census data in the year 2000 there were 277 housing units in Norfork. This represents a 45.8% growth from 190 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 277 were located in what is classified as a rural area.

Homeownership rate in Norfork is about 86.7%. Norfork's vacancy rate, including seasonal lodging, is about 23.8%. Average household size is 2.08 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom7.90%
Two Bedrooms52.30%
Three Bedrooms33.90%
Four Bedrooms3.60%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1977
Median Value of occupied units$76,200
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1978
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3%
Home Equity Loan1.50%
Simple Mortgage38.60%
Debt Free56.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%