Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Norvell area can be challenging. Home prices in Norvell are now at a median cost of $48,620, lower than the Arkansas average of $160,541.
The average cost of rent is $510/mo in Norvell, primarily driven by the current value of real estate in the Norvell area. While nearly 71.48% of residents own their homes outright in Norvell, 47.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Norvell is $2,570 per month. Households that rent pay about 19.86% of their income on rent here. Norvell's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Earle, AR: higher priced homes
- Parkin, AR: equally priced homes
- Lansing, AR: higher priced homes
- Togo, AR: equally priced homes
- Gladden, AR: higher priced homes
- Three Forks, AR: higher priced homes
- Jennette, AR: higher priced homes
- Shell Lake, AR: higher priced homes
- Crawfordsville, AR: higher priced homes
- Heth, AR: higher priced homes
Cities with Similar Populations
- Blue Grass, VA: higher priced homes
- Welty, CO: higher priced homes
- Weed Crossroad, AL: higher priced homes
- Braggadocio, MO: higher priced homes
- Bradley, MS: higher priced homes
- Boulder Oaks, CA: higher priced homes
- Bordulac, ND: higher priced homes
- Bonanza Grove, MN: higher priced homes
- Bogota, TN: higher priced homes
- Bluffton, MO: higher priced homes
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