Manila, AR is an affordable housing market compared to the US median value, with a median house value of $142,400. While the US has an average yearly appreciation rate of 8.27%, Manila has seen an even higher rate of 15.59%. This indicates that investing in Manila real estate could be a wise financial decision for those looking to see a return on their investment. With such great appreciation rates and relatively low prices, it's no surprise that Manila is a great place to call home.
The median home cost in Manila is $142,400. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Manila is up 13.4%.
Average Age of Homes
- The median age of Manila real estate is 31 years old
The Rental Market in Manila
- Renters make up 37.2% of the Manila population
- 5.8% of houses and apartments in Manila, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.