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Affordable
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These days, finding an affordable place to live in the Hand Valley area can be challenging. Home prices in Hand Valley are now at a median cost of $198,907, lower than the Arkansas average of $207,061.
The average cost of rent is $806/mo in Hand Valley, primarily driven by the current value of real estate in the Hand Valley area. In Hand Valley, 17.56% of households rent, and 65.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hand Valley is $3,950 per month. Households that rent pay about 20.41% of their income on rent here. Hand Valley’s most expensive areas are in the eastern 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
- Buffalo City, AR: less expensive homes
- Rea Valley, AR: equally priced homes
- Gassville, AR: equally priced homes
- Cotter, AR: equally priced homes
- Flippin, AR: less expensive homes
- Norfork, AR: less expensive homes
- Ralph, AR: equally priced homes
- Mountain Home, AR: equally priced homes
- Summit, AR: less expensive homes
- Briarcliff, AR: less expensive homes
Cities with Similar Populations
- Belcher Square, MA: higher priced homes
- Avoca, MN: less expensive homes
- Zama, MS: less expensive homes
- Youmans, FL: higher priced homes
- Yorkville, CA: higher priced homes
- Yonna, OR: higher priced homes
- Battiest, OK: less expensive homes
- Yellow Spring, WV: less expensive homes
- Beazley, VA: equally priced homes
- Abercrombie, ND: higher priced homes
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