Median real estate price in the City Center of Siloam Springs is $127,988, which is more expensive than 70.6% of the neighborhoods in Arkansas and 29.5% of the neighborhoods in the U.S.
The average rental price in Siloam Springs City Center is currently $851, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.8% of the neighborhoods in Arkansas.
Siloam Springs City Center is a suburban neighborhood (based on population density) located in Siloam Springs, Arkansas.
Real estate in the City Center of Siloam Springs, AR is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Siloam Springs City Center has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.