Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pencil Bluff area can be challenging. Home prices in Pencil Bluff are now at a median cost of $96,146, lower than the Arkansas average of $160,541.
The average cost of rent is $581/mo in Pencil Bluff, primarily driven by the current value of real estate in the Pencil Bluff area. While nearly 62.31% of residents own their homes outright in Pencil Bluff, 17.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pencil Bluff is $3,121 per month. Households that rent pay about 18.60% of their income on rent here. Pencil Bluff's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Y City, AR: equally priced homes
- Oden, AR: equally priced homes
- Sims, AR: equally priced homes
- Whitetown, AR: less expensive homes
- Mount Ida, AR: higher priced homes
- Pine Ridge, AR: equally priced homes
- Story, AR: higher priced homes
- Hurricane Grove, AR: equally priced homes
- Silver, AR: higher priced homes
- Joplin, AR: higher priced homes
Cities with Similar Populations
- Gene Autry, OK: higher priced homes
- Goehner, NE: higher priced homes
- Glenover, NE: higher priced homes
- Glendon, PA: higher priced homes
- Glen Robbins, OH: less expensive homes
- Glen Alice, TN: less expensive homes
- Gladwin, IA: higher priced homes
- Gladesboro, VA: higher priced homes
- Gilford, MI: higher priced homes
- Giddensville, NC: higher priced homes
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