Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Paraloma area can be challenging. Home prices in Paraloma are now at a median cost of $81,552, lower than the Arkansas average of $160,541.
The average cost of rent is $627/mo in Paraloma, primarily driven by the current value of real estate in the Paraloma area. While nearly 58.78% of residents own their homes outright in Paraloma, 14.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paraloma is $3,718 per month. Households that rent pay about 16.85% of their income on rent here. Paraloma's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Brownstown, AR: equally priced homes
- Schaal, AR: higher priced homes
- Ben Lomond, AR: equally priced homes
- Buck Range, AR: higher priced homes
- Mineral Springs, AR: equally priced homes
- Tollette, AR: higher priced homes
- Wilton, AR: equally priced homes
- Saratoga, AR: higher priced homes
- Milford, AR: equally priced homes
- Pennys, AR: equally priced homes
Cities with Similar Populations
- New Post, WI: higher priced homes
- Mountaindale, OR: higher priced homes
- Mud Butte, SD: higher priced homes
- Muldon, MS: equally priced homes
- Nanson, ND: higher priced homes
- Naomi, KY: higher priced homes
- Napeague, NY: higher priced homes
- Napier, IA: higher priced homes
- Narrows Creek, PA: higher priced homes
- Naukati Bay, AK: higher priced homes
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