Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ballard area can be challenging. Home prices in Ballard are now at a median cost of $105,900, lower than the Arkansas average of $160,541.
The average cost of rent is $476/mo in Ballard, primarily driven by the current value of real estate in the Ballard area. While nearly 42.80% of residents own their homes outright in Ballard, 33.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ballard is $4,063 per month. Households that rent pay about 11.72% of their income on rent here. Ballard's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ash Flat, AR: equally priced homes
- Myron, AR: equally priced homes
- Day, AR: equally priced homes
- Horseshoe Bend, AR: less expensive homes
- Franklin, AR: less expensive homes
- Stuart, AR: less expensive homes
- Glencoe, AR: less expensive homes
- Highland, AR: less expensive homes
- Cherokee Village, AR: less expensive homes
- Morriston, AR: less expensive homes
Cities with Similar Populations
- Disston, OR: higher priced homes
- Atlantic Beach, SC: higher priced homes
- Decoy, KY: less expensive homes
- Bloomington, NE: less expensive homes
- Whitewater, MT: higher priced homes
- Barlow, MS: less expensive homes
- South Bristol, NY: higher priced homes
- Nettle Lake, OH: higher priced homes
- Montmorenci, IN: higher priced homes
- Tompkinsville, AL: less expensive homes
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