Ola, AR Real Estate

According to census data in the year 2000 there were 541 housing units in Ola. This represents a 5.7% growth from 512 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 541 were located in what is classified as a rural area.

Homeownership rate in Ola is about 54.6%. Ola's vacancy rate, including seasonal lodging, is about 15.3%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Ola were built after 1972.


Housing Size

Housing Units by Size
Studio Type3%
One Bedroom19.80%
Two Bedrooms33.80%
Three Bedrooms37.30%
Four Bedrooms5.40%
Five Bedrooms or more0.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1967
Median Value of occupied units$47,200
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1974
Median Monthly Rent asked for vacant units$217

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.10%
Home Equity Loan0%
Simple Mortgage51.10%
Debt Free47.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%