Home prices
The price of the median home in Gum Springs is $87,500. This is roughly $4,540 (5%) higher compared to its nearby areas.It is approximately $130,000 (59%) lower compared to the country as a whole, and is roughly $80,100 (47%) lower in comparison to the city of Little Rock.
Rents
In Gum Springs the median monthly rent is $756. It is roughly $129 (20%) higher in comparison to the surrounding areas.It is approximately $306 (28%) lower in comparison to the rest of the country, and in comparison to the city of Little Rock it is about $116 (13%) lower.
Nearby places
Arkadelphia
Arkadelphia is about 4 miles north from Gum Springs. Its real estate prices are a bit more expensive. Arkadelphia's median home value is $121,200, which comes out to $33,700 (27%) higher than Gum Springs. Rent there is a bit less expensive. In Arkadelphia the median rent is $589 a month, which is $167 (28%) lower than Gum Springs.
Caddo Valley
Caddo Valley is roughly 9 miles north of Gum Springs. The housing prices there are a bit more expensive. The median home in Caddo Valley costs $119,900, which is $32,400 (27%) higher than Gum Springs. The rent there is pretty similar. In Caddo Valley the median rent is $784 a month, which comes out to $28 (3%) higher than Gum Springs.
Gurdon
Gurdon is about 11 miles south of Gum Springs. Real estate prices there are somewhat less expensive. The median home in Gurdon is valued at $72,100, which is $15,400 (21%) lower than Gum Springs. Rents there are a little less expensive. In Gurdon the median monthly rent is $629, which comes out to $127 (20%) lower than Gum Springs.
Okolona
Okolona is roughly 13 miles west of Gum Springs. Housing prices there are significantly less expensive. The value of the median home in Okolona is $56,600, which works out to $30,900 (54%) lower than Gum Springs. Rent there is a bit less expensive. In Okolona the median rent is $644 per month, which is $112 (17%) lower than Gum Springs.
Donaldson
Donaldson is approximately 15 miles northeast of Gum Springs. Housing prices there are a lot less expensive. The price of the median home in Donaldson is $45,000, which comes out to $42,500 (94%) lower than Gum Springs. Rent there is a lot less expensive. The median rent in Donaldson is $488 a month, which comes out to $268 (54%) lower than Gum Springs.
