Caraway, located in Craighead County, Arkansas, is a charming small town that boasts a friendly community atmosphere. Surrounded by sprawling agricultural land, it offers residents a tranquil lifestyle while being within easy reach of larger cities like Jonesboro. Caraway is characterized by its blend of rural charm and modern conveniences, making it an attractive place for families, retirees, and those seeking a peaceful life. This guide introduces the best residential areas in Caraway, detailing their unique features, housing options, and pricing.
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Downtown Caraway
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Downtown Caraway serves as the community hub, featuring local businesses, parks, and various events throughout the year. It's ideal for those seeking a spirited neighborhood with a strong sense of community.
Characteristics of the Downtown Caraway
* Culture: Local shops, annual festivals, and friendly residents
* Transportation: Walkable area with easy access to local amenities
* Services: Grocery stores, restaurants, and public library
* Environment: Lively and welcoming
Housing Options in the Downtown Caraway
Single-family homes, townhouses
Average Home Prices in the Downtown Caraway
* Buying: $120,000 – $180,000
* Renting: $900 – $1,300/month
Caraway Meadows
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Caraway Meadows is a suburban neighborhood known for its spacious lots and well-maintained homes. This area is suited for families and anyone seeking a quieter pace of life.
Characteristics of the Caraway Meadows
* Culture: Family-oriented with numerous parks for children
* Transportation: Car is necessary, but close to main roads
* Services: Parks, schools, and family resources nearby
* Environment: Quiet and caring
Housing Options in the Caraway Meadows
Single-family homes with yards
Average Home Prices in the Caraway Meadows
* Buying: $150,000 – $220,000
* Renting: $1,000 – $1,400/month
East Caraway
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East Caraway is a growing residential area that offers newer construction homes and a friendly neighborhood feel. It attracts young professionals and families looking for a fresh environment.
Characteristics of the East Caraway
* Culture: Emerging neighborhood with family events
* Transportation: Accessible by car, close to main highways
* Services: New schools and shopping facilities nearby
* Environment: Modern and developing
Housing Options in the East Caraway
Newer single-family homes, townhouses
Average Home Prices in the East Caraway
* Buying: $180,000 – $250,000
* Renting: $1,200 – $1,600/month
West Caraway
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West Caraway features a mix of older homes and new constructions, providing a unique blend of architectural styles and price points. This neighborhood appeals to diverse residents from all walks of life.
Characteristics of the West Caraway
* Culture: Diverse community with active neighborhood associations
* Transportation: Well connected to main thoroughfares
* Services: Community parks, schools, and local dining
* Environment: Inclusive and community-oriented
Housing Options in the West Caraway
Single-family homes, apartments
Average Home Prices in the West Caraway
* Buying: $130,000 – $200,000
* Renting: $950 – $1,200/month
Caraway Ranch
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For those seeking more space and a rural feel, Caraway Ranch offers larger properties with agricultural zoning. This area is perfect for individuals interested in farming or gardening.
Characteristics of the Caraway Ranch
* Culture: Rural lifestyle with agricultural opportunities
* Transportation: Car is essential, rural roads
* Services: Limited, close-knit community support
* Environment: Rural and spacious
Housing Options in the Caraway Ranch
Farmhouses, larger single-family homes
Average Home Prices in the Caraway Ranch
* Buying: $200,000 – $300,000
* Renting: $1,300 – $1,800/month
Lakeside Estates
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Lakeside Estates is a picturesque neighborhood known for its proximity to nearby lakes and recreational areas. This setting is ideal for nature lovers and those who enjoy outdoor activities.
Characteristics of the Lakeside Estates
* Culture: Outdoor activities and nature appreciation
* Transportation: Need a vehicle to access amenities
* Services: Community access to lakes and outdoor spaces
* Environment: Scenic and peaceful
Housing Options in the Lakeside Estates
Waterfront properties, luxury single-family homes
Average Home Prices in the Lakeside Estates
* Buying: $250,000 – $350,000
* Renting: $1,500 – $2,200/month
Frequently Asked Questions About the Best Residential Areas in Caraway:
The best residential areas in Caraway include Downtown Caraway, Caraway Meadows, East Caraway, West Caraway, Caraway Ranch, and Lakeside Estates.
Caraway Meadows offers ample parks and family-centered activities, making it very family-friendly.
Home prices in Caraway typically range from $120,000 to $350,000 depending on the neighborhood and home type.
Public transportation options are limited, so having a car is recommended for residents.
Caraway Meadows and Downtown Caraway have good access to schools and educational facilities.
Lakeside Estates offers a serene and scenic atmosphere, ideal for nature lovers and those who enjoy outdoor recreation.
Yes, East Caraway is a rapidly developing area with many new homes under construction.
The rental market in Caraway is moderately priced, with monthly rents ranging from $900 to $2,200 depending on the area and type of accommodation.
Parks and recreational facilities are available throughout Caraway, particularly in Caraway Meadows and Downtown Caraway.
Retirees can find options such as single-family homes in quieter neighborhoods like Caraway Ranch and Lakeside Estates.
Conclusion on the Best Residential Areas in Caraway:
Caraway offers a diverse range of residential areas, each with its unique advantages and ambiance. From the community spirit of Downtown Caraway to the tranquillity of Lakeside Estates and the rural appeal of Caraway Ranch, there is a perfect neighborhood for every type of resident. Understanding the characteristics, housing options, and pricing in each area will help potential buyers and renters make informed decisions about where to settle in Caraway. This charming town not only provides a peaceful lifestyle but also ensures access to community services and recreational opportunities, making it an excellent choice for many.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.