Home prices
The median home in Bonanza is valued at $127,000. It is approximately $31,720 (33%) higher in comparison to its nearby areas.It is roughly $90,500 (41%) lower compared to the United States as a whole, and compared to the city of Fayetteville it is approximately $80,600 (38%) lower.
Rents
Bonanza's median monthly rent is $805. It is about $126 (18%) higher compared to the surrounding areas.In comparison to the United States as a whole it is roughly $257 (24%) lower, and is is very similar in comparison to the city of Fayetteville.
Nearby places
Pocola
Pocola is Bonanza's neighbor to the west. Its real estate prices are a bit less expensive. Pocola's median home value is $96,900, which is $30,100 (31%) lower than Bonanza. Rent there is somewhat less expensive. In Pocola the median rent is $701 a month, which is $104 (14%) lower than Bonanza.
Hackett
Hackett is about 3 miles south from Bonanza. Housing prices there are significantly less expensive. The median home in Hackett is valued at $88,300, which comes out to $38,700 (43%) lower than Bonanza. Its rents are pretty similar. In Hackett the median monthly rent is $773, which comes out to $32 (4%) lower than Bonanza.
Rock Island
Rock Island is approximately 4 miles southwest from Bonanza. The housing prices there are somewhat less expensive. The median home in Rock Island is valued at $98,500, which comes out to $28,500 (28%) lower than Bonanza. Its rents are a little less expensive. Rock Island's median rent is $669 per month, which is $136 (20%) lower than Bonanza.
Arkoma
Arkoma is roughly 7 miles north of Bonanza. The real estate prices there are substantially less expensive. The median home value in Arkoma is $70,900, which comes out to $56,100 (79%) lower than Bonanza. Rents there are significantly less expensive. In Arkoma the median monthly rent is $566, which comes out to $239 (42%) lower than Bonanza.
Fort Smith
Fort Smith is roughly 8 miles north of Bonanza. The housing prices there are fairly similar. The median home in Fort Smith costs $121,800, which works out to $5,200 (4%) lower than Bonanza. The rent there is somewhat less expensive. Fort Smith's median monthly rent is $685, which works out to $120 (17%) lower than Bonanza.