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London, AR Housing

 
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As of 2006-2010, median price of a house in London is $72,000, which is lower than the state average of $106,300 and is much lower than the national average of $179,900. The London median house value has grown by 30.43% since 2000. The growth rate for the price of a house in London is lower than the state average rate of 46.02% and is lower than the national average rate of 50.42%. The median year that a house in London was built is 1984, which is newer than the median year for a house built in the state which is 1979 and is newer than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 345 Owner Occupied Houses in London, AR, #218
London, AR
72,000 USD
Arkansas
102,300 USD
U.S.
188,400 USD
Median House Price Growth Since 2000, #303
London, AR
30.43%
Arkansas
46.02%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

 London, AR%ArkansasU.S.
Total Housing Units448, see rank100%1,316,299131,704,730
Occupied Housing Units40389.96%, see rank87.14%88.62%
Owner Occupied30868.75%, see rank58.36%57.69%
Renter Occupied9521.21%, see rank28.79%30.93%
Vacant Housing Units4510.04%, see rank12.86%11.38%
For Rent194.24%, see rank3.53%3.14%
For Sale Only51.12%, see rank1.41%1.44%
Rented or Sold, Not Occupied10.22%, see rank0.54%0.48%
For Seasonal, Recreational, or Occasional Use20.45%, see rank2.90%3.53%
For Migrant Workers00.00%, see rank0.03%0.02%
Other Vacant184.02%, see rank4.45%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #78
London, ARArkansasU.S.
198419791975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

 London, AR%ArkansasU.S.
Owner-Occupied Units345100%756,35876,089,650
With a Mortgage17851.59%, see rank58.57%67.94%
Without a Mortgage16748.41%, see rank41.43%32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
London, AR
867 USD
Arkansas
979 USD
U.S.
1,524 USD

Owner Costs Distribution
Monthly Owner CostsLondon, AR%ArkansasU.S.
$299 or Less00.00%, see rank0.41%0.22%
$300 to $49973.93%, see rank4.93%1.85%
$500 to $6993419.10%, see rank16.26%5.39%
$700 to $9997843.82%, see rank30.38%14.41%
$1,000 to $1,4994826.97%, see rank28.87%27.08%
$1,500 to $1,99995.06%, see rank11.09%19.94%
$2,000 to $2,99921.12%, see rank5.84%19.39%
$3,000 or More00.00%, see rank2.23%11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
London, AR
19.70% of the Total Income
Arkansas
21.00% of the Total Income
U.S.
25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 London, AR%ArkansasU.S.
10% or Less105.62%, see rank7.49%4.85%
10% to 20%8145.51%, see rank39.24%28.90%
20% to 30%3217.98%, see rank25.66%28.42%
30% to 40%147.87%, see rank11.55%15.27%
40% or More4123.03%, see rank15.68%22.15%

*Based on 2006-2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
London, AR
272 USD
Arkansas
311 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsLondon, AR%ArkansasU.S.
$199 or Less3722.16%, see rank17.06%8.92%
$200 to $2996740.12%, see rank29.91%16.68%
$300 to $4994728.14%, see rank39.11%35.65%
$500 to $699169.58%, see rank10.27%20.07%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
London, AR
10.00% of the Total Income
Arkansas
11.10% of the Total Income
U.S.
12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 London, AR%ArkansasU.S.
10% or Less8249.10%, see rank45.06%38.92%
10% to 20%4426.35%, see rank31.39%31.98%
20% to 30%3017.96%, see rank11.46%12.67%
30% to 40%00.00%, see rank4.48%5.90%
40% or More84.79%, see rank6.58%9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 London, AR%ArkansasU.S.
Total Housing Units471100%1,300,449130,038,080
1-unit, Detached34473.04%, see rank69.97%61.62%
1-unit, Attached00.00%, see rank1.77%5.74%
2 Units40.85%, see rank3.10%3.88%
3 or 4 Units20.42%, see rank3.15%4.47%
5 to 9 Units00.00%, see rank3.25%4.84%
10 or More Units00.00%, see rank5.63%12.68%
Mobile Home, Boat, RV, Van, etc.12125.69%, see rank13.13%6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

 London, AR%ArkansasU.S.
Total Housing Units471100%1,300,449130,038,080
1 Room81.70%, see rank1.05%1.59%
2 Rooms224.67%, see rank1.92%2.62%
3 Rooms173.61%, see rank6.90%9.02%
4 Rooms5311.25%, see rank18.78%16.85%
5 Rooms14029.72%, see rank27.52%20.93%
6 Rooms12626.75%, see rank20.75%18.56%
7 Rooms367.64%, see rank11.20%12.38%
8 Rooms449.34%, see rank6.06%8.39%
9 Rooms or More255.31%, see rank5.82%9.65%
Median Rooms5.50, see rank-5.305.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

 London, AR%ArkansasU.S.
Total Housing Units471100%1,300,449130,038,080
No Bedroom81.70%, see rank1.15%1.84%
1 Bedroom316.58%, see rank7.61%11.32%
2 Bedrooms10422.08%, see rank28.78%27.20%
3 Bedrooms25654.35%, see rank49.39%39.80%
4 Bedrooms5611.89%, see rank11.16%15.80%
5 or More Bedrooms163.40%, see rank1.91%4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

 London, AR%ArkansasU.S.
Total Housing Units419100%1,117,154114,235,996
Utility Gas15136.04%, see rank42.96%49.91%
Bottled, Tank, or LP Gas4510.74%, see rank9.34%5.38%
Electricity21250.60%, see rank42.47%34.20%
Fuel Oil, Kerosene, etc.00.00%, see rank0.17%7.07%
Coal or Coke00.00%, see rank0.00%0.12%
Wood112.63%, see rank4.59%1.97%
Solar Energy00.00%, see rank0.01%0.03%
Other Fuel00.00%, see rank0.27%0.42%
No Fuel Used00.00%, see rank0.17%0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLondon, AR%ArkansasU.S.
Occupied Units Paying Rent63100%321,29935,969,315
$199 or Less00.00%, see rank3.29%2.25%
$200 to $29900.00%, see rank5.57%3.41%
$300 to $499914.29%, see rank20.38%9.80%
$500 to $6992641.27%, see rank34.01%19.41%
$700 to $9992641.27%, see rank26.86%29.88%
$1,000 to $1,49923.17%, see rank8.29%23.51%
$1,500 to $1,99900.00%, see rank1.08%7.56%
$2,000 or More00.00%, see rank0.52%4.16%
Median$681, see rank-$617$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

 London, AR%ArkansasU.S.
Occupied Housing Units419100%1,117,154114,235,996
No Vehicles Available245.73%, see rank6.51%8.85%
1 Vehicles Available9322.20%, see rank33.88%33.28%
2 Vehicles Available16639.62%, see rank39.41%37.87%
3 or More Vehicles Available13632.46%, see rank20.19%20.00%

*Based on 2006-2010 data. View historical vehicle available data.


 
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