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Affordable
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These days, finding an affordable place to live in the Excelsior area can be challenging. Home prices in Excelsior are now at a median cost of $186,009, lower than the Arkansas average of $207,061.
The average cost of rent is $861/mo in Excelsior, primarily driven by the current value of real estate in the Excelsior area. In Excelsior, 15.36% of households rent, and 46.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Excelsior is $5,561 per month. Households that rent pay about 15.48% of their income on rent here. Excelsior’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hackett, AR: less expensive homes
- Old Jenny Lind, AR: higher priced homes
- Jenson, AR: less expensive homes
- Greenwood, AR: equally priced homes
- Fox Hill, AR: less expensive homes
- Huntington, AR: equally priced homes
- Midland, AR: less expensive homes
- Bonanza, AR: higher priced homes
- Rock Island, OK: equally priced homes
- Milltown, AR: equally priced homes
Cities with Similar Populations
- Palmer, MA: higher priced homes
- Paynesville, MO: less expensive homes
- Patrick, TX: higher priced homes
- Passport, IL: equally priced homes
- Parnell, IL: equally priced homes
- Paris, PA: equally priced homes
- Parhams, LA: equally priced homes
- Pardee, WV: less expensive homes
- Pansy, AR: less expensive homes
- Peaksville, MO: equally priced homes
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