Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fredonia area can be challenging. Home prices in Fredonia are now at a median cost of $43,373, lower than the Arkansas average of $160,541.
The average cost of rent is $642/mo in Fredonia, primarily driven by the current value of real estate in the Fredonia area. While nearly 71.97% of residents own their homes outright in Fredonia, 32.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fredonia is $3,419 per month. Households that rent pay about 18.79% of their income on rent here. Fredonia's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- DeValls Bluff, AR: less expensive homes
- Biscoe, AR: higher priced homes
- Brasfield, AR: higher priced homes
- Mesa, AR: higher priced homes
- Tollville, AR: higher priced homes
- Hazen, AR: higher priced homes
- Plunketts, AR: higher priced homes
- Hickory Plains, AR: higher priced homes
- Smale, AR: higher priced homes
- Erwin, AR: higher priced homes
Cities with Similar Populations
- Saline City, MO: higher priced homes
- McJester, AR: higher priced homes
- McLuney, OH: higher priced homes
- McMichaels, PA: higher priced homes
- Mead, WV: less expensive homes
- Melrose, AL: higher priced homes
- Mercer, NE: higher priced homes
- Mercyville, MO: higher priced homes
- Ruso, ND: higher priced homes
- Rutheron, NM: higher priced homes
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