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Affordable
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These days, finding an affordable place to live in the Neal Springs area can be challenging. Home prices in Neal Springs are now at a median cost of $130,807, lower than the Arkansas average of $207,061.
The average cost of rent is $640/mo in Neal Springs, primarily driven by the current value of real estate in the Neal Springs area. In Neal Springs, 26.47% of households rent, and 46.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Neal Springs is $3,712 per month. Households that rent pay about 17.24% of their income on rent here. Neal Springs’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
- Horatio, AR: equally priced homes
- Winthrop, AR: equally priced homes
- Williamson, AR: higher priced homes
- West Otis, AR: higher priced homes
- Walnut Springs, AR: higher priced homes
- Process City, AR: equally priced homes
- Stringtown, AR: higher priced homes
- Chapel Hill, AR: higher priced homes
- DeQueen, AR: less expensive homes
- Shinewell, OK: less expensive homes
Cities with Similar Populations
- Sunspot, NM: higher priced homes
- Inkster, ND: higher priced homes
- Insco, KY: less expensive homes
- Iola, PA: higher priced homes
- Isabella, MI: higher priced homes
- Island View, MN: higher priced homes
- Isle Au Haut, ME: higher priced homes
- Isney, AL: higher priced homes
- Sundown, NY: higher priced homes
- Sunnyside, AK: higher priced homes
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