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Real Estate Prices & Overview

Mountain Valley Estates / Eden Oaks median real estate price is $394,857, which is more expensive than 90.3% of the neighborhoods in Arkansas and 54.1% of the neighborhoods in the U.S.

The average rental price in Mountain Valley Estates / Eden Oaks is currently $2,592, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.8% of the neighborhoods in Arkansas.

Mountain Valley Estates / Eden Oaks is a rural neighborhood (based on population density) located in Fort Smith, Arkansas.

Mountain Valley Estates / Eden Oaks real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Mountain Valley Estates / Eden Oaks 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.

Real estate vacancies in Mountain Valley Estates / Eden Oaks are 5.5%, which is lower than one will find in 63.3% of American neighborhoods. Demand for real estate in Mountain Valley Estates / Eden Oaks is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

A majority of the adults in the Mountain Valley Estates / Eden Oaks neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Arkansas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.5% of the neighborhoods in Arkansas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for active retirees.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Mountain Valley Estates / Eden Oaks neighborhood in Fort Smith are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.8% of the neighborhoods in America. In addition, 2.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.9% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Mountain Valley Estates / Eden Oaks neighborhood, 55.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.4%), and 9.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Mountain Valley Estates / Eden Oaks neighborhood is English, spoken by 90.8% of households. Other important languages spoken here include Spanish, Italian and Vietnamese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Mountain Valley Estates / Eden Oaks neighborhood in Fort Smith, AR, residents most commonly identify their ethnicity or ancestry as English (18.8%). There are also a number of people of German ancestry (11.3%), and residents who report Irish roots (6.4%), and some of the residents are also of Asian ancestry (4.8%), along with some Mexican ancestry residents (4.4%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Mountain Valley Estates / Eden Oaks neighborhood spend under 15 minutes commuting one-way to work (51.4% of working residents), one of the shortest commutes across America.

Here most residents (78.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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