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Affordable
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These days, finding an affordable place to live in the Concord area can be challenging. Home prices in Concord are now at a median cost of $112,929, lower than the Arkansas average of $207,061.
The average cost of rent is $969/mo in Concord, primarily driven by the current value of real estate in the Concord area. In Concord, 5.58% of households rent, and 57.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Concord is $4,659 per month. Households that rent pay about 20.81% of their income on rent here. Concord’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ida, AR: higher priced homes
- Locust Grove, AR: higher priced homes
- Melrose, AR: equally priced homes
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- Floral, AR: equally priced homes
- Harmontown, AR: higher priced homes
- Marcella, AR: equally priced homes
- Tumbling Shoals, AR: higher priced homes
- Desha, AR: higher priced homes
- McHue, AR: higher priced homes
Cities with Similar Populations
- Arkabutla, MS: higher priced homes
- Avoca, WI: higher priced homes
- Pacific City, OR: higher priced homes
- Maywood, MO: higher priced homes
- Moenave, AZ: less expensive homes
- Mountain Green, UT: higher priced homes
- Mountain View, OK: less expensive homes
- Nesmith, SC: equally priced homes
- Newmans, MS: higher priced homes
- Norman, NC: higher priced homes
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