Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Parks area can be challenging. Home prices in Parks are now at a median cost of $115,100, lower than the Arkansas average of $160,541.
The average cost of rent is $814/mo in Parks, primarily driven by the current value of real estate in the Parks area. While nearly 59.25% of residents own their homes outright in Parks, 27.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Parks is $4,225 per month. Households that rent pay about 19.27% of their income on rent here. Parks's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Boles, AR: higher priced homes
- Bates, AR: equally priced homes
- Harvey, AR: equally priced homes
- Union Hill, AR: equally priced homes
- Waldron, AR: less expensive homes
- Tate, AR: equally priced homes
- Nella, AR: higher priced homes
- Needmore, AR: less expensive homes
- Winfield, AR: less expensive homes
- Gravelly, AR: equally priced homes
Cities with Similar Populations
- Irwin, MO: higher priced homes
- Teague, TN: less expensive homes
- Taylor, UT: higher priced homes
- Tanoma, PA: higher priced homes
- Taits Gap, AL: equally priced homes
- Swofford, WA: higher priced homes
- Swissdale, PA: higher priced homes
- Supreme, LA: less expensive homes
- Krypton, KY: less expensive homes
- Jordan Hill, LA: less expensive homes
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