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Multi-family Homes in Colt, AR

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Top Reasons To Live In Colt, AR In 2024

Colt is located in St. Francis, Arkansas, with an estimated municipal population of 329 residents. All of the best foreclosed homes for sale in Colt are located in the following zip code areas on Foreclosure.com: 72326. The estimated population per square kilometer (.62 miles) in Colt is 100.


Cost Of Living In Colt, AR

So, about how much do homes cost in Colt? The most recent median value of resident-owned homes in Colt is 49,170. An estimated 49.2 percent of households in Colt own their homes, with an average family size of 2.9. The median household income in Colt is 37,946, with2.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Colt, the median commute time of resident workers (in minutes) is 22.4.


Diversity And Demographics In Colt, Arkansas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Colt, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Colt is 51.6, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Colt is 47.1, with an average family size of 2.9.

The percentage of residents who report their race in Colt is as follows:

White 71.2%
Black / African American 18.2%
Asian 0%
American Indian / Alaskan Native 2.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 6.7%

Looking for family-friendly neighborhoods in and/or near Colt? Or maybe you are searching for 55+ active adult communities in and/or near Colt?

The percentage of residents who report their age in Colt is as follows:

Under 10 13.9%
Aged 10-19 5.7%
20s 8.4%
30s 12.4%
40s 7.3%
50s 22.1%
60s 17.6%
70s 10.9%
80+ 1.5%

Best Schools In Colt, Arkansas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Colt with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Colt.


Pros And Cons Of Living In Colt, Arkansas

How do you know that living in -- or moving to -- Colt is right where you need to be? Perhaps you grew up in Colt or already live nearby; therefore, the decision to buy a home in Colt is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Colt for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Colt:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Colt.


Reasons To Move To Colt, Arkansas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Colt can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Colt, meanwhile, can field multiple offers from more qualified buyers.

Colt, AR Multi-family Homes Foreclosures


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