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Affordable
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These days, finding an affordable place to live in the Hollis area can be challenging. Home prices in Hollis are now at a median cost of $175,500, lower than the Arkansas average of $207,061.
The average cost of rent is $623/mo in Hollis, primarily driven by the current value of real estate in the Hollis area. In Hollis, 20.21% of households rent, and 62.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hollis is $5,435 per month. Households that rent pay about 11.46% of their income on rent here. Hollis’s most expensive areas are in the northern 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
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Cities with Similar Populations
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