The housing market in 72447 Monette, AR is certainly an attractive one for those looking for a good investment. The median value of houses in the area is $108,600, which is significantly lower than the US median home value of $338,100. This lower median price point combined with a whopping 15.59% appreciation rate over the past year makes this an especially lucrative option for potential homebuyers. Compared to the 8.27% appreciation rate on US homes over the past year, 72447 Monette, AR provides a great opportunity to get more house for your money while also watching its value increase significantly over time.
The median home cost in Monette (zip 72447) is $108,600. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Monette (zip 72447) is up 13.4%.
Average Age of Homes
- The median age of Monette (zip 72447) real estate is 46 years old
The Rental Market in Monette (zip 72447)
- Renters make up 15.3% of the Monette (zip 72447) population
- 0.0% of houses and apartments in Monette (zip 72447), 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.