Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ritchie area can be challenging. Home prices in Ritchie are now at a median cost of $109,010, lower than the Arkansas average of $160,541.
The average cost of rent is $590/mo in Ritchie, primarily driven by the current value of real estate in the Ritchie area. While nearly 61.45% of residents own their homes outright in Ritchie, 9.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ritchie is $3,958 per month. Households that rent pay about 14.92% of their income on rent here. Ritchie's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Old Union, AR: equally priced homes
- Calion, AR: less expensive homes
- Sandy Land, AR: less expensive homes
- Quinn, AR: higher priced homes
- Norphlet, AR: equally priced homes
- Millers Bluff, AR: less expensive homes
- El Dorado, AR: equally priced homes
- Payne, AR: less expensive homes
- New London, AR: less expensive homes
- Moro Bay, AR: less expensive homes
Cities with Similar Populations
- Riceville, IN: less expensive homes
- Murrayfield, VA: higher priced homes
- Myrtletown, CA: higher priced homes
- Mystic, MO: equally priced homes
- Nahma, MI: higher priced homes
- Nancy, MS: less expensive homes
- Nechanitz, TX: higher priced homes
- New Auberry, CA: higher priced homes
- New Boston, IN: higher priced homes
- Newland, IN: higher priced homes
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