Thursday, November 09, 2006

Housing Report for Drew County, Arkansas

In Drew County, the real estate market was made up of 8,702 housing units in the year 2005. This represents a growth in housing units, adding a sum of 247 residential structures since 2001, a change of 2.9 percent.

In the State of Arkansas, Drew County places 22 of 75 by percentage growth in residential real estate. The county is positioned 1,415 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Drew County had an owner-occupied dwelling median in 2000 of $60,100, according to the Decennial Census. This median is less than the Arkansas 2000 home median value of $72,800 and less than median home value of $119,600 across the nation during that year.

According to the data, there is a large amount affordable residential real estate in Drew County, Arkansas. In 2000, 85.5 percent of residential real estate was valued under $125,000.





Data Source: U.S. Census Bureau

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