Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gum Springs area can be challenging. Home prices in Gum Springs are now at a median cost of $138,631, lower than the Arkansas average of $160,541.
The average cost of rent is $599/mo in Gum Springs, primarily driven by the current value of real estate in the Gum Springs area. While nearly 55.30% of residents own their homes outright in Gum Springs, 46.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gum Springs is $3,098 per month. Households that rent pay about 19.32% of their income on rent here. Gum Springs's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Richwood, AR: less expensive homes
- Arkadelphia, AR: equally priced homes
- Curtis, AR: less expensive homes
- Beirne, AR: less expensive homes
- DeGray, AR: higher priced homes
- Griffithtown, AR: higher priced homes
- Caddo Valley, AR: higher priced homes
- Smithton, AR: less expensive homes
- Hollywood, AR: higher priced homes
- Gurdon, AR: less expensive homes
Cities with Similar Populations
- Verdi, KS: higher priced homes
- Club Springs, TN: higher priced homes
- Cobb, KY: less expensive homes
- Coffee Creek, MT: higher priced homes
- Coffeeville, AR: less expensive homes
- Cogswell, ND: less expensive homes
- Coldenham, NY: higher priced homes
- Waldenburg, AR: less expensive homes
- Waite, ME: less expensive homes
- Wade, OK: equally priced homes
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