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Affordable
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These days, finding an affordable place to live in the Fomby area can be challenging. Home prices in Fomby are now at a median cost of $103,355, lower than the Arkansas average of $207,061.
The average cost of rent is $562/mo in Fomby, primarily driven by the current value of real estate in the Fomby area. In Fomby, 7.29% of households rent, and 60.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fomby is $3,999 per month. Households that rent pay about 14.05% of their income on rent here. Fomby’s most expensive areas are in the southwestern 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
- Ogden, AR: higher priced homes
- Ashdown, AR: higher priced homes
- Wilton, AR: higher priced homes
- Saratoga, AR: equally priced homes
- Richmond, AR: higher priced homes
- Homan, AR: higher priced homes
- McNab, AR: higher priced homes
- Fulton, AR: higher priced homes
- Columbus, AR: equally priced homes
- Alleene, AR: higher priced homes
Cities with Similar Populations
- Matoaca, VA: higher priced homes
- Mappsville, VA: higher priced homes
- Marcella, AR: higher priced homes
- Marion, ND: higher priced homes
- Abbot, ME: higher priced homes
- Marksboro, NJ: higher priced homes
- Marseilles, OH: higher priced homes
- Marshall, WV: higher priced homes
- Maryville, IA: higher priced homes
- Mashapaug, CT: higher priced homes
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