Maumelle, Arkansas Real Estate & Housing Market

Maumelle, AR Listings

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Maumelle Housing Information

Index	Maumelle	Arkansas	National
Median home price	$218,700	$114,700	$184,700
Median rent asked	$888	$689	$949
Avg. people per household	2.2	2.5	2.6
Owner occupied households	73.7%	65.7%	63.6%
Renter occupied households	26.3%	34.3%	36.4%

Above, you'll find an overview of the real estate market in Maumelle, AR. Generally, real estate in the Maumelle, AR area is less affordable in Arkansas, as the median price of a home in Maumelle, AR is $218,700, which is 91% higher than the Arkansas average. The median rental price in Maumelle, AR is $888. This is 29% higher than the average rental price in Arkansas. Home owners comprise 73.7% of the population of Maumelle, AR, where an average of 2.2 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Maumelle, AR. Below, you can search for real estate listings in Maumelle, AR using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Maumelle Home Affordability

When searching for real estate in Maumelle, AR, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Maumelle, AR, the median house price is $218,700, while the median income for households in the area is $78,779. Therefore, the ratio of house price to income is 2.8x; this ratio is 2% higher than the average in Arkansas. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Maumelle, AR.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Bigelow, AR	377	$60,000	68%
College Station, AR	598	$62,100	66%
Fourche, AR	74	$69,000	63%
Sweet Home, AR	582	$75,300	59%
McAlmont, AR	1,845	$76,300	59%
Maumelle, AR	17,795	$218,700	18%

Cities with similar population

City, State	Population	Home Price	National Avg.
Central Point, OR	17,793	$188,300	2%
Shafter, CA	17,801	$153,600	17%
Dumont, NJ	17,788	$358,300	94%
Godfrey, IL	17,809	$137,000	26%
Albert Lea, MN	17,775	$95,200	48%
Maumelle, AR	17,795	$218,700	18%

Source: The Maumelle, AR housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).