Valley Springs Arkansas Area Home Supply Charts

This page looks at a variety of Valley Springs Arkansas housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Valley Springs shows it has a Housing Units of 100 which is in the mid range of other places in the greater region.

Figure 2 illustrates the housing density in the Valley Springs housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Valley Springs shows it has a Housing Density of 188.9 which is the third most housing densities of all other places in the greater Valley Springs region. The city with the highest housing density in the area is Harrison which shows a density of 568.4 (approximately 3.0 times bigger). Comparing housing density to the United States average of 39.5, Valley Springs is approximately 4.8 times bigger. Also, measured against the state of Arkansas, housing density of 26.1, Valley Springs is considerably bigger.

In Figure 4, Valley Springs area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Valley Springs depicts it has a Housing Unit Change of 20.5% which is the second most of all the places in the local area. The city with the highest change in the housing units in the area is Pindall which depicts a housing units of 55.0% (approximately 2.7 times bigger). Comparing change in the housing units to the United States average of 7.4%, Valley Springs is approximately 2.8 times bigger. Also, in comparison with the state of Arkansas, change in the housing units of 3.5%, Valley Springs is considerably bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Valley Springs depicts it has a Renter Percent of 12.4% which is the second smallest as measured by renter percent of all the other places in the greater region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 87.6% which is the second most of all the places in the greater region.

Valley Springs Arkansas Home Cost Charts

Looking at the housing data provided in Figure 7, the average Valley Springs home price is illustrated for this community and a useful analysis of affordable housing. Valley Springs shows it has a Median Home Value of $79,500 which is in the center range of other places in the metropolitan area. The city with the highest median home price in the area is Harrison which depicts a home price of $119,900 (50.8% larger). Figure 8 provides aggregate comparative data for the Valley Springs Arkansas metro area in terms of the median housing rental rate, apartment rent, etc. Valley Springs depicts it has a Median Gross Rent of $639 which is the second most rental rates of all the places in the greater Valley Springs region. The city with the highest rental rates in the area is Bellefonte which shows a rental rates of $678 (6.1% larger). Comparing rental rates to the United States average of $1,163, Valley Springs is approximately half the size. Also, in comparison with the state of Arkansas, rental rates of $803, Valley Springs is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Valley Springs has one of the largest proportions of home price worth less than $50,000 at 46% of the total and is ranked #2. The only larger city being Western Grove with 49%.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Valley Springs depicts it has a Median Owner Cost of $600 which is the largest of all places in the greater Valley Springs region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Valley Springs metro area. it has a Owner Cost as % of HH Income of 13% which is less than most other places in the local area. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Valley Springs depicts it has a Median Home Value as Percent of Median Earnings of 248% which is the third most median home value as a percent of median worker earnings of all other places in the greater Valley Springs region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Valley Springs depicts it has a Median Owner Costs-With Mortgage of $691 which is the second smallest in order of median housing cost of all the other places in the local area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $260 which is the second smallest as measured by median housing cost of all the other places in the greater region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Valley Springs has the percentage of owner cost less than $300 the second smallest in order of owner cost less than $300 of all the other places in the greater region at 18% of the total. Second, it has the largest proportion of owner cost between $300 and $500 at 32% of the total and is ranked #1. Third, it has one of the largest proportions of owner cost between $500 and $700 at 24% of the total and is ranked #2. The only larger city being Pindall with 31%. Also, it has the largest proportion of owner cost between $3,000 and $3,500 at 3% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Valley Springs depicts it has a % of Income Owner Costs-With Mortgage of 15% which is the second smallest in order of cost as a percent of household income of all the other places in the local area. The city with the highest cost as a percent of household income in the area is Pindall which shows a cost as a percent of household income of 21% (40.0% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Valley Springs depicts it has a % of Income Owner Costs-No Mortgage of 10% which is in the mid range of other places in the metro area. The city with the highest cost as a percent of household income in the area is Everton which shows a cost as a percent of household income of 21% (about twice as large).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Valley Springs has one of the largest proportions of rent as a percent of income is less than 10 pct at 27% of the total and is ranked #3. Only #2 Everton (50%), and #1 Pindall (100%) are larger. Second, it has the largest proportion of rent as a percent of income is between 10pct to 20pct at 27% of the total and is ranked #1. Third, it has the largest proportion of rent as a percent of income is between 20pct to 30pct at 45% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Valley Springs has the smallest proportion of housing cost less than $300 at 8% of the total. Second, it has the largest proportion of housing cost between $300 and $500 at 36% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $2,500 and $3,000 at 2% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $489 which is the third most median real estate taxes paid of all other places in the greater Valley Springs region. The city with the highest median real estate taxes paid in the area is Bellefonte which depicts a taxes paid of $800 (63.6% larger). Comparing median real estate taxes paid to the United States average of $2,690, Valley Springs is approximately a fifth the size. Also, measured against the state of Arkansas, median real estate taxes paid of $878, Valley Springs is approximately half the size.

Figure 23 shows the rental rate distribution for this area. Valley Springs Arkansas has one of the largest proportions of rent between 300 and 500 dollars at 73% of the total and is ranked #2. The only larger city being Pindall with 100%. Second, it has the largest proportion of rent between 500 and 750 dollars at 27% of the total and is ranked #1.

Valley Springs Arkansas Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Valley Springs has the largest proportion of With mortgage at 62% of the total and is ranked #1. Second, it has the smallest proportion of With HELOC no Primary Mortgage at 36% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Valley Springs has the smallest proportion of houses with mortgages at 36% of the total.

Valley Springs Arkansas Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.5 which is the second most of all the places in the local area. The city with the highest family members per housing unit in the area is Western Grove which shows a family members per housing unit of 4.6 (33.4% larger). Comparing family members per housing unit to the United States average of 3.3, Valley Springs is only about 4.9% larger. Also, benchmarked against the state of Arkansas, family members per housing unit of 3.2, Valley Springs is 7.9% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.8 which is the second most average number of rooms in a house of all the places in the greater Valley Springs region. The city with the highest average number of rooms in a house in the area is Bellefonte which shows an average number of rooms in a house of 5.9 ( only slightly larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1970 which is the smallest as measured by year built of all the other places in the metropolitan area. The city with the highest year built in the area is Everton which indicates a year built of 1987 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2020 or later in the mid point range of other places in the local area at 2% of the total. Second, it has in the mid point range of other places in the metro area in order of homes built between 2010 to 2019 at 11% of the total. Third, it has the second smallest when sorted by homes built in 2020 or later of all the other places in the metropolitan area when ranked by homes built between 2000 to 2009 at 7% of the total. Also, it has the smallest proportion of homes built between 1990 to 1999 at 10% of the total. In addition, it has the largest proportion of homes built between 1970 to 1979 at 30% of the total and is ranked #1. Furthermore, it has the second smallest when ranked by homes built in 2020 or later of all the other places in the metro area in order of homes built between 1960 to 1969 at 2% of the total. Next it has the largest proportion of homes built between 1950 to 1959 at 6% of the total and is ranked #1. Additionally, it has less than most other places in the area as measured by homes built between 1940 to 1949 at 11% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units in the center range of other places in the metro area at 11 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the percentage of 50 or more units in the middle range of other places in the surrounding region at 12% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 1980 to 1989 at $100,000 of the total and is ranked #2. The only larger city being Harrison with $129,200. Second, it has one of the largest proportions of value of homes built 1970 to 1979 at $75,600 of the total and is ranked #3. Only #2 Bellefonte ($84,000), and #1 Harrison ($99,600) are larger.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the percentage of occupied housing units less than most other places in the local area at 11% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Valley Springs residents. it has a Owner-Household Size of 2.8 which is the third most homeowner household size of all other places in the greater Valley Springs region. The city with the highest homeowner household size in the area is Western Grove which shows a homeowner household size of 3.2 (13.1% larger).

Figure 37 shows the household size for renters. Valley Springs depicts it has a Renter-Household Size of 4.3 which is the largest of all places in the local area. Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2019 or later at 10% of the total. Second, it has in the mid point range of other places in the metro area when sorted by owners moved in 2015 to 2018 at 7% of the total. Third, it has the largest proportion of owners moved in 2000 to 2009 at 26% of the total and is ranked #1. Also, it has one of the largest proportions of owners moved in 1990 to 1999 at 19% of the total and is ranked #2. The only larger city being Pindall with 25%. Figure 39 shows the year that people who rent moved into the area. Valley Springs has the percentage of renters moved in 2019 or later the second smallest in order of renters moved in 2019 or later of all the other places in the metro area at 4% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 43% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2004 which is in the center range of other places in the local area. Figure 41 compares the median year that renters moved into their home. Valley Springs depicts it has a Renter Median Year Moved In of 2015 which is in the center range of other places in the area.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of home using bottled, tank, or lp gas at 65% of the total and is ranked #1. Second, it has in the mid range of other places in the local area in terms of homes using coal or coke at 7% of the total.