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These days, finding an affordable place to live in the Caledonia area can be challenging. Home prices in Caledonia are now at a median cost of $154,900, lower than the Arkansas average of $207,061.
The average cost of rent is $752/mo in Caledonia, primarily driven by the current value of real estate in the Caledonia area. In Caledonia, 16.92% of households rent, and 58.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caledonia is $5,125 per month. Households that rent pay about 14.67% of their income on rent here. Caledonia’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Three Creeks, AR: higher priced homes
- Junction City, AR: equally priced homes
- Junction City, LA: less expensive homes
- Wesson, AR: higher priced homes
- Newell, AR: higher priced homes
- Summerfield, LA: less expensive homes
- Lillie, LA: less expensive homes
- Shuler, AR: higher priced homes
- Gordon, LA: less expensive homes
- Spearsville, LA: less expensive homes
Cities with Similar Populations
- Nella, AR: equally priced homes
- Worth, GA: less expensive homes
- Kabob, NY: less expensive homes
- Valley-Hi, PA: higher priced homes
- Junius, SD: higher priced homes
- Newcastle, IL: less expensive homes
- Head Waters, VA: higher priced homes
- Newburg, TX: higher priced homes
- Newberne, WV: less expensive homes
- Stoddard, UT: higher priced homes
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