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These days, finding an affordable place to live in the Carolan area can be challenging. Home prices in Carolan are now at a median cost of $130,300, lower than the Arkansas average of $207,061.
The average cost of rent is $874/mo in Carolan, primarily driven by the current value of real estate in the Carolan area. In Carolan, 13.39% of households rent, and 39.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carolan is $5,527 per month. Households that rent pay about 15.81% of their income on rent here. Carolan’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Booneville, AR: equally priced homes
- Ione, AR: equally priced homes
- Golden City, AR: equally priced homes
- Mixon, AR: equally priced homes
- Washburn, AR: higher priced homes
- Lucas, AR: equally priced homes
- Magazine, AR: higher priced homes
- Sugar Grove, AR: higher priced homes
- Boothe, AR: less expensive homes
- Milltown, AR: higher priced homes
Cities with Similar Populations
- Bloomington, NE: less expensive homes
- Mandale, OH: higher priced homes
- Manannah, MN: higher priced homes
- Bragg, WV: higher priced homes
- West End, IL: higher priced homes
- West Corinth, VT: higher priced homes
- Winterburne, PA: less expensive homes
- Blue Ridge, MO: less expensive homes
- Blue Mountain Lake, NY: higher priced homes
- Blue John, KY: higher priced homes
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