Thursday, November 09, 2006

Housing Report for Phillips County, Arkansas

Phillips County recorded median owner-occupied home value in the year 2000 of $46,900, according to the Decennial Census. This is less than the overall Arkansas 2000 home value of $72,800 and less than median home value of $119,600 across the nation during that year.

In Phillips County, the real estate market was made up of 10,975 housing units in the year 2005. This represents a growth in housing units, adding a total of 64 residential structures since 2001, a change of 0.6 percent.

Throughout the State of Arkansas, Phillips County is positioned 73 of 75 by percentage growth in residential real estate. The county is positioned 2,840 of 3,141, when comparing thee change in housing structures in counties throughout the nation.

It can be understood that there is a large amount affordable residential real estate in Phillips County, Arkansas. In 2000, 92.5 percent of housing was valued under $125k.





Data Source: U.S. Census Bureau

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