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Ola, AR Housing

 
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As of 2010-2014, median price of a house in Ola is $85,700, which is lower than the state average of $108,700 and is much lower than the national average of $175,700. The Ola median house value has grown by 81.57% since 2000. The growth rate for the price of a house in Ola is higher than the state average rate of 49.31% and is higher than the national average rate of 46.91%. The median year that a house in Ola was built is 1979, which is older than the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

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 182 Owner Occupied Houses in Ola, AR, #162
Ola, AR
85,700 USD
Arkansas
108,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #49
Ola, AR
81.57%
Arkansas
49.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Ola, ARArkansasU.S.
Total Housing Units655, see rank, 100%1,329,139132,741,033
Occupied Housing Units440, 67.18%, see rank85.20%87.55%
Owner Occupied182, 27.79%, see rank56.70%56.34%
Renter Occupied258, 39.39%, see rank28.50%31.21%
Vacant Housing Units215, 32.82%, see rank14.80%12.45%
For Rent96, 14.66%, see rank3.08%2.34%
For Sale Only7, 1.07%, see rank1.47%1.20%
Rented or Sold, Not Occupied7, 1.07%, see rank1.34%0.92%
For Seasonal, Recreational, or Occasional Use4, 0.61%, see rank3.77%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant101, 15.42%, see rank5.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #179
Ola, ARArkansasU.S.
197919821976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Ola, AR%ArkansasU.S.
Owner-Occupied Units182100%753,62074,787,460
With a Mortgage4625.27%, see rank57.12%65.58%
Without a Mortgage13674.73%, see rank42.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Ola, AR
714 USD
Arkansas
1,027 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOla, AR%ArkansasU.S.
$299 or Less00.00%, see rank0.27%0.20%
$300 to $49936.52%, see rank4.06%1.59%
$500 to $6991941.30%, see rank13.71%5.01%
$700 to $9991123.91%, see rank29.88%14.32%
$1,000 to $1,4991328.26%, see rank31.28%27.90%
$1,500 to $1,99900.00%, see rank11.89%20.35%
$2,000 to $2,99900.00%, see rank6.76%19.52%
$3,000 or More00.00%, see rank2.16%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ola, AR
16.90% of the Total Income
Arkansas
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ola, AR%ArkansasU.S.
10% or Less1328.26%, see rank8.42%5.86%
10% to 20%2043.48%, see rank40.00%31.95%
20% to 30%24.35%, see rank25.17%27.64%
30% to 40%24.35%, see rank10.74%13.74%
40% or More919.57%, see rank15.06%20.29%

*Based on 2010-2014 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
Ola, AR
350 USD
Arkansas
328 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOla, AR%ArkansasU.S.
$199 or Less1712.50%, see rank14.84%7.76%
$200 to $2994432.35%, see rank27.47%14.70%
$300 to $4997252.94%, see rank40.92%34.63%
$500 to $69900.00%, see rank11.95%21.16%
$700 or More32.21%, see rank4.82%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ola, AR
10.00% of the Total Income
Arkansas
10.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ola, AR%ArkansasU.S.
10% or Less8663.24%, see rank46.84%40.19%
10% to 20%2921.32%, see rank30.62%31.47%
20% to 30%2115.44%, see rank10.57%12.24%
30% to 40%00.00%, see rank4.25%5.64%
40% or More00.00%, see rank6.40%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Ola, ARArkansasU.S.
Total Housing Units655, 100%1,329,139132,741,033
1-unit, Detached329, 50.23%, see rank69.70%61.65%
1-unit, Attached0, 0.00%, see rank1.65%5.82%
2 Units10, 1.53%, see rank3.05%3.75%
3 or 4 Units78, 11.91%, see rank3.22%4.43%
5 to 9 Units120, 18.32%, see rank3.18%4.78%
10 or More Units2, 0.31%, see rank6.24%13.08%
Mobile Home, Boat, RV, Van, etc.116, 17.71%, see rank12.96%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Ola, ARArkansasU.S.
Total Housing Units655, 100%1,329,139132,741,033
1 Room82, 12.52%, see rank1.56%1.95%
2 Rooms42, 6.41%, see rank1.59%2.48%
3 Rooms82, 12.52%, see rank6.43%9.13%
4 Rooms135, 20.61%, see rank17.60%16.60%
5 Rooms180, 27.48%, see rank26.27%20.41%
6 Rooms68, 10.38%, see rank20.63%18.06%
7 Rooms18, 2.75%, see rank12.10%12.27%
8 Rooms19, 2.90%, see rank6.91%8.48%
9 Rooms or More29, 4.43%, see rank6.92%10.60%
Median Rooms4.40, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Ola, ARArkansasU.S.
Total Housing Units655, 100%1,329,139132,741,033
No Bedroom82, 12.52%, see rank1.67%2.17%
1 Bedroom123, 18.78%, see rank7.20%11.16%
2 Bedrooms186, 28.40%, see rank27.66%26.69%
3 Bedrooms180, 27.48%, see rank49.76%39.70%
4 Bedrooms78, 11.91%, see rank11.71%16.05%
5 or More Bedrooms6, 0.92%, see rank2.00%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Ola, ARArkansasU.S.
Total Housing Units440, 100%1,132,488116,211,092
Utility Gas266, 60.45%, see rank40.58%48.85%
Bottled, Tank, or LP Gas3, 0.68%, see rank7.51%4.86%
Electricity148, 33.64%, see rank46.89%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood23, 5.23%, see rank4.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.30%0.47%
No Fuel Used0, 0.00%, see rank0.20%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOla, ARArkansasU.S.
Occupied Units Paying Rent224, 100%340,13639,201,928
$199 or Less0, 0.00%, see rank1.96%1.50%
$200 to $29932, 14.29%, see rank4.51%3.18%
$300 to $499114, 50.89%, see rank15.80%7.37%
$500 to $69952, 23.21%, see rank31.92%16.01%
$700 to $99911, 4.91%, see rank32.72%29.17%
$1,000 to $1,4994, 1.79%, see rank10.95%26.88%
$1,500 to $1,9990, 0.00%, see rank1.32%9.79%
$2,000 or More11, 4.91%, see rank0.81%6.10%
Median$413, see rank$675$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Ola, ARArkansasU.S.
Occupied Housing Units440, 100%1,132,488116,211,092
No Vehicles Available49, 11.14%, see rank6.36%9.12%
1 Vehicles Available204, 46.36%, see rank34.07%33.80%
2 Vehicles Available129, 29.32%, see rank39.29%37.48%
3 or More Vehicles Available58, 13.18%, see rank20.28%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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