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These days, finding an affordable place to live in the Gosnell area can be challenging. Home prices in Gosnell are now at a median cost of $113,811, lower than the Arkansas average of $207,061.
The average cost of rent is $908/mo in Gosnell, primarily driven by the current value of real estate in the Gosnell area. In Gosnell, 30.39% of households rent, and 46.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gosnell is $5,310 per month. Households that rent pay about 17.09% of their income on rent here. Gosnell’s most expensive areas are in the southeastern 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
- Yarbro, AR: less expensive homes
- Blytheville, AR: equally priced homes
- Half Moon, AR: higher priced homes
- Woodland Corner, AR: higher priced homes
- Hermondale, MO: less expensive homes
- Armorel, AR: higher priced homes
- Dogwood, AR: higher priced homes
- Number Nine, AR: higher priced homes
- Holland, MO: less expensive homes
- Samford, MO: equally priced homes
Cities with Similar Populations
- Borrego Springs, CA: higher priced homes
- Petersburg, AK: higher priced homes
- Colby, WI: higher priced homes
- Collinsville, TX: higher priced homes
- Port Allegany, PA: equally priced homes
- Rapid City, MI: higher priced homes
- Dulce, NM: less expensive homes
- Millersburg, OR: higher priced homes
- Medinah, IL: higher priced homes
- Guin, AL: equally priced homes
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