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Salem (Saline County), AR Real Estate


According to census data in the year 2000 there were 1,102 housing units in Salem (Saline County). This represents a 9.3% growth from 1,008 in 1990.

Of those housing units, 1,058 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.

Homeownership rate in Salem (Saline County) is about 86.1%. Salem (Saline County)'s vacancy rate, including seasonal lodging, is about 3%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Salem (Saline County) were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.70%
Two Bedrooms12.10%
Three Bedrooms75.40%
Four Bedrooms7.80%
Five Bedrooms or more1%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1977
Median Value of occupied units$82,200

Rented Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1972
Median Monthly Rent asked for vacant units$417

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan2.90%
Simple Mortgage70.50%
Debt Free24.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%