Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Royal area can be challenging. Home prices in Royal are now at a median cost of $165,561, higher than the Arkansas average of $160,541.
The average cost of rent is $860/mo in Royal, primarily driven by the current value of real estate in the Royal area. While nearly 44.87% of residents own their homes outright in Royal, 12.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Royal is $5,346 per month. Households that rent pay about 16.09% of their income on rent here. Royal's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Pearcy, AR: higher priced homes
- Crystal Springs, AR: less expensive homes
- Piney, AR: less expensive homes
- Rockwell, AR: higher priced homes
- Mountain Pine, AR: less expensive homes
- Crystal Springs Landing, AR: higher priced homes
- Hot Springs, AR: equally priced homes
- Euclid Heights, AR: less expensive homes
- Joplin, AR: higher priced homes
- Mount Tabor, AR: less expensive homes
Cities with Similar Populations
- Atwater, OH: equally priced homes
- Waldport, OR: higher priced homes
- Eagle Lake, FL: less expensive homes
- Spencerville, OH: equally priced homes
- Houston, MO: less expensive homes
- Knightstown, IN: less expensive homes
- Lakeview, OH: less expensive homes
- Marysville, PA: higher priced homes
- West Alexandria, OH: equally priced homes
- Victoria, VA: less expensive homes
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