Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Black Oak area can be challenging. Home prices in Black Oak are now at a median cost of $73,909, lower than the Arkansas average of $160,541.
The average cost of rent is $557/mo in Black Oak, primarily driven by the current value of real estate in the Black Oak area. While nearly 62.08% of residents own their homes outright in Black Oak, 24.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Black Oak is $3,802 per month. Households that rent pay about 14.66% of their income on rent here. Black Oak's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Rivervale, AR: less expensive homes
- Caraway, AR: less expensive homes
- Elm Grove, AR: equally priced homes
- Lunsford, AR: higher priced homes
- Tulot, AR: higher priced homes
- Trumann, AR: higher priced homes
- Lepanto, AR: equally priced homes
- Bunney, AR: less expensive homes
- Lake City, AR: higher priced homes
- Milligan Ridge, AR: equally priced homes
Cities with Similar Populations
- Mount Marion, NY: higher priced homes
- Matagorda, TX: higher priced homes
- Matthews, MD: higher priced homes
- McCall Creek, MS: higher priced homes
- McCray, NC: higher priced homes
- Mccurtain, OK: equally priced homes
- Mcville, ND: higher priced homes
- Meeteetse, WY: higher priced homes
- Melrose, MD: higher priced homes
- Mendon, VT: higher priced homes
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