Home Price Key
Affordable
Average
Expensive
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 $151,000, lower than the Arkansas average of $160,541.
The average cost of rent is $533/mo in Hollis, primarily driven by the current value of real estate in the Hollis area. While nearly 58.42% of residents own their homes outright in Hollis, 26.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hollis is $5,706 per month. Households that rent pay about 9.34% of their income on rent here. Hollis's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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- Williams Junction, AR: higher priced homes
Cities with Similar Populations
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- Octa, OH: less expensive homes
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