Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Caraway area can be challenging. Home prices in Caraway are now at a median cost of $60,971, lower than the Arkansas average of $160,541.
The average cost of rent is $583/mo in Caraway, primarily driven by the current value of real estate in the Caraway area. While nearly 58.28% of residents own their homes outright in Caraway, 33.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Caraway is $3,967 per month. Households that rent pay about 14.70% of their income on rent here. Caraway's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Milligan Ridge, AR: higher priced homes
- Rivervale, AR: equally priced homes
- Bunney, AR: equally priced homes
- Black Oak, AR: higher priced homes
- Mandalay, AR: higher priced homes
- Etowah, AR: higher priced homes
- Walters, AR: higher priced homes
- Whistleville, AR: higher priced homes
- Lake City, AR: higher priced homes
- Lunsford, AR: higher priced homes
Cities with Similar Populations
- Venice, IL: less expensive homes
- Sudlersville, MD: higher priced homes
- Welch, OK: higher priced homes
- Spottsville, KY: higher priced homes
- Granville, IL: higher priced homes
- Shults, OK: higher priced homes
- Hammond, NY: higher priced homes
- Hemlock, NY: higher priced homes
- Trufant, MI: higher priced homes
- Hillsdale, MO: less expensive homes
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