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Affordable
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These days, finding an affordable place to live in the Pelsor area can be challenging. Home prices in Pelsor are now at a median cost of $113,687, lower than the Arkansas average of $207,061.
The average cost of rent is $570/mo in Pelsor, primarily driven by the current value of real estate in the Pelsor area. In Pelsor, 16.42% of households rent, and 61.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pelsor is $5,203 per month. Households that rent pay about 10.95% of their income on rent here. Pelsor’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lurton, AR: higher priced homes
- Moore, AR: higher priced homes
- Smyrna, AR: less expensive homes
- Witts Springs, AR: equally priced homes
- Limestone, AR: higher priced homes
- Tilly, AR: higher priced homes
- Lost Corner, AR: less expensive homes
- Chimes, AR: higher priced homes
- Hagarville, AR: equally priced homes
- Rex, AR: less expensive homes
Cities with Similar Populations
- Shonkin, MT: higher priced homes
- Lathrop, MI: higher priced homes
- Latium, TX: higher priced homes
- Laurel Grove, OR: higher priced homes
- Laurel, NC: higher priced homes
- Lawn, WV: higher priced homes
- Lay, CO: higher priced homes
- Lead Mine, WV: higher priced homes
- Shanghai City, IL: less expensive homes
- Shell Valley, ND: less expensive homes
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